ISM Shows Services Sector Expansion Accelerates in January

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2020/03/f-usa40.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2020/03/f-usa40.jpg 612w, https://www.actionforex.com/wp-content/uploads/2020/03/f-usa40-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>The ISM Services PMI jumped to 53.4 in January from 50.6 in December, comfortably beating the 52.0 consensus expectation. Ten industries out of 18 reported growth for the month – up from nine in December. The business activity sub-index was unchanged at 55.8, while the new orders index rose to 55.0 from 52.8 in December. […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/538452-ism-shows-services-sector-expansion-accelerates-in-january/">ISM Shows Services Sector Expansion Accelerates in January</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>