Details of the January 2016 US ISM non manufacturing PMI data report 3 February 2016
- Prior 55.3. Revised to 55.8
- Business activity 53.9 vs 58.5 exp. Prior 59.5
- Employment 52.1 vs 56.3 prior
- New orders 56.5 vs 58.9 prior
- Prices paid 46.4 vs 51.0 prior
Oh oh!
Non-manufacturing is at the lowest since Feb 2014. The components are worse. Prices paid lowest since July 2009. Activity lowest since Aug 2012.
Dare I look at the respondent comments?
Actually they're not as bad as might be expected. Probably the ISM being selective.
ISM details
Lets see how much glitter the ISM try to pour on this report
The dollar isn't likely to buy any bullish ISM chat as it's been smashed to 118.25
US ISM Non-manufacturing PMI
