ISM Index Shows Healthy Services Sector Expansion in August

<p>The ISM Services PMI rose to 54.5 in August from 52.7 in July, handily beating the 52.5 reading consensus was expecting. This is the eighth consecutive month of expansion for the services sector. The business activity sub-index firmed a more modest 0.2 percentage points (pp) to 57.3 in August. The new orders index rose 2.5 [&#8230;]</p>
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