WASHINGTON (MarketWatch)
The Institute for Supply Management on Wednesday said its service-sector index fell to 52.7% in July from 53.3% in June.
Economists surveyed by MarketWatch expected the services index to rise to 53.5%.
While readings over 50% indicate more firms are expanding than contracting, the index is sharply lower compared to a recent peak of 59.7% in February.
The new orders index dropped 1.9 percentage points to 51.7% and the backlog of orders index declined 4.5 percentage points to 44.0%.
Thirteen of the 18 service sectors tracked by ISM reported growth.
The U.S. service sector - fields such as health, finance and entertainment - accounts for three-fourths of all economic activity. It also employs about four of every five U.S. workers.
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2 comentarios:
Los pedidos de fábrica de EE UU caen el 0,8%
Los pedidos de fábrica en EE UU durante el mes de junio cedieron un 0,8% en línea con las previsiones.
El ISM no manufacturero de EE UU cae inesperadamente
El índice composite ISM no manufacturero de EE UU bajó inesperadamente en julio a 52,7 desde 53,3. El mercado esperaba un ligero ascenso a 53,5.
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