US ISM Services PMI rose from 54.4 to 56.5 in November, above expectation of 53.5. Looking at some details, business activity/production surged sharply from 55.7 to 64.7. New orders dropped slightly form 56.5 to 56.0. Employment rose from 49.1 to 51.5. Prices dropped from 70.7 to 70.0. ISM said: “The past relationship between the Services […]
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