US: ISM Services PMI declines to 56.7 in September vs. 56 expected – by eren_fxstreet UnitedStates Macroeconomics PMI EconomicIndicator
Further details of the publication revealed that the Employment Index improved to 53 from 50.2 and the Prices Paid Index declined to 68.7 from 71.5. Finally, the New Orders Index edged lower to 60.6 from 61.8.
"Employment improved and supplier deliveries slowed at a slightly slower rate," Nieves added. "Based on comments from Business Survey Committee respondents, there have been improvements regarding supply chain efficiency, operating capacity and materials availability; however, performance remains less than ideal."The US Dollar Index extended its rally after this report and was last seen rising 1.3% on the day at 111.62.
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