The ISM Services Index accelerated in July, adding 1.4 percentage points (ppts) with a reading of 56.7 – higher than the 53.5 expected by the consensus. Demand factors added 2 ppts to the overall index. The biggest contributor was the new orders subindex, which rose by 4.3 ppts to 59.9, while business activity subindex added […]
The post US: The Services Sector Gains Momentum in July appeared first on Action Forex.
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