December ISM non-manufacturing index 55.9 vs. 57.6 expected

Author: Greg Michalowski | Category: News

The main US services sector PMI

  • Prior was 57.4
  • New orders 54.3 vs 58.7 prior
  • Prices paid 60.8 vs 60.7 prior
  • Employment 56.3 vs 55.3 prior
  • Business activity index 57.3 in December versus 61.0.  November came in at 61.4
  • Business activity index at lowest since July
  • New orders index at lowest since August 2016
After the spike from the hurricanes, the index has continued the return back toward the middle of the range. Nevertheless, it is still a disappointment.  

Below is a table of the main components from the ISM

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