US PMI services dropped slightly to 56.7

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US PMI services dropped slightly to 56.7

US ISM Services PMI dropped slightly from 56.9 to 56.7 in September, above expectation of 56.0. Looking at some details, business activity/production dropped from 60.9 to 59.1. New orders dropped from 61.8 to 60.6. Employment rose from 50.2 to 53.0. Prices dropped from 71.5 to 68.7. ISM said: “The services sector had a slight pullback […]

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Source: US PMI services dropped slightly to 56.7