US ISM services rose to 53.9, corresponds to 1.4% annualized GDP growth

<p>US ISM Services PMI rose from 50.3 to 53.9 in June, above expectation of 51.3. Business activity/production jumped from 51.5 to 59.2. New orders rose from 52.9 to 55.5 Employment rose from 49.2 to 53.1. Prices dropped from 56.2 to 54.1. ISM said, &#8220;The past relationship between the Services PMI and the overall economy indicates [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/508804-us-ism-services-rose-to-53-9-corresponds-to-1-4-annualized-gdp-growth/">US ISM services rose to 53.9, corresponds to 1.4% annualized GDP growth</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>