- Analytics
- News and Tools
- Market News
- ISM non-manufacturing purchasing managers’ index falls to 59.0 in August
ISM non-manufacturing purchasing managers’ index falls to 59.0 in August
The Institute for Supply Management released its non-manufacturing purchasing managers' index for the U.S. on Thursday. The index fell to 59.0 in August from 60.3 in July, beating expectations for an increase to 58.1.
A reading above 50 indicates a growth in the service sector.
The decline was driven by falls in prices paid, employment and new orders.
The business activity/production index declined to 63.9 in August from 64.9 in July.
The ISM's new orders index decreased to 63.4 in August from 63.8 in July.
The ISM's employment index declined to 56.0 in August from 59.6 in July.
The prices paid index dropped to 50.8 in August from 53.7 in July, the lowest level since April.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
