The large service side of the U.S. economy that employs most Americans grew in February, but businesses said they were ...
Yet an index that measures the cost of supplies rose to a 33-month ... “That’s obviously the story of this report,” said Timothy Fiore, chair of the ISM survey. No other single issue, he said, has ...
The Institute for Supply Management released its February Services PMI, with headline composite index at 53.5 (above the 52.5 forecast). This marks the eighth consecutive month of expansion.
An index reading above 50 percent indicates that ... Orders to the service producers make up about 90 percent of the US economy. The ISM Services PMI unexpectedly increased to 53.5 in February ...
(Supplier Deliveries is the only ISM ® Report On Business ® index that is inversed; a reading of above 50 percent indicates slower deliveries, which is typical as the economy improves and ...
Investors will also follow the ISM Prices index and the Employment index. EUR/USD came under pressure and broke below the 1.0400 level. Anticipation is mounting as the Institute for Supply ...
Rising global liquidity conditions and a trend change in the manufacturing PMI have historically favored strong Bitcoin price rallies.
ISM Services PMI: 53.5 in February vs. 52.7 consensus and 52.8 in January, according to data released by the Institute of Supply Management on Wednesday.
U.S. services sector growth unexpectedly picked up in February and prices for inputs increased, which combined with a recent surge in the cost of raw materials at factories suggested that inflation ...
U.S. manufacturing was steady in February, but a measure of prices at the factory gate jumped to nearly a three-year high and it took longer for materials to be delivered, suggesting that tariffs on ...
Upcoming, ISM Manufacturing may give us an insight into the direction of the economy as its prices paid and employment components are leading indicators for future CPI data and Nonfarm payrolls.