ISM nonmanufacturing index for November 2019

ISM nonmanufacturing
  • ISM nonmanufacturing index for November comes in at 53.9 versus 54.5 estimate
  • Employment 55.5 versus 53.7 last month
  • New Orders 57.1 versus 55.6 last month
  • production 51.6 versus 57.0 last month
  • supplier deliveries 51.5 versus 52.5 last month
  • price is 58.5 versus 56.6 last month
  • order backlog 48.5 versus 48.5 last month
  • export orders 52.0 versus 50.0 last month
  • imports 45.0 versus 48.5 last month
  • inventories 50.5 versus 50.5 last month

The data was a bit disappointing but remains above the 50 level.