US ISM services falls sharply to 50.6, vs exp 52.7

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<p>US ISM Services PMI fell from 52.7 to 50.6 in December, below expectation of 52.7. Business activity/production rose from 55.1 to 56.6. New orders fell from 55.5 to 52.8. Employment fell sharply from 50.7 to 43.3. Prices ticked down from 58.3 to 57.3. The past relationship between the Services PMI and the overall economy indicates [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/534114-us-ism-services-falls-sharply-to-50-6-vs-exp-52-7/">US ISM services falls sharply to 50.6, vs exp 52.7</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>