US ISM services rose to 54.5, employment and prices jump

<p>US ISM Services PMI rose from 52.7 to 54.5 in August, comfortably above expectation of 52.6. Looking at some details, business activity/production ticked up from 57.1 to 57.3. New orders rose from 55.0 to 57.5. Employment rose strongly from 50.7 to 54.7. Prices also rose from 56.7 to 58.9. ISM said: &#8220;The past relationship between [&#8230;]</p>
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