US ISM Services PMI declined from 54.0 to 52.8 in January, falling short of market expectations of 54.2. The drop was driven primarily by slower growth in business activity and new orders, both of which saw noticeable declines. Business activity/production slipped from 58.0 to 54.5, while new orders dropped from 54.4 to 51.3. Meanwhile, employment […]
The post US ISM services falls to 52.8 as business activity and new orders weaken appeared first on Action Forex.
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