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US Aug services PMI 55.7 vs 55.0 in July
Above expectations (Il Sole 24 Ore Radiocor) - Washington, 05 Sep - The US services purchasing managers index rose to 55.7 in August from 55.0 in July and was just above the preliminary reading of 55.2, according to final data released by global information provider IHS Markit.
Expectations were for the reading to match the preliminary data.
Any reading above 50 signals expansion while one below indicates contraction.
AAA-Sje
(RADIOCOR) 05-09-24 15:56:15 (0430) 5 NNNN