ISM Non-Manufacturing Comes In Right In Line At 53.0

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The August ISM non-manufacturing index came in at 53.0, in line with economists’ expectation of 52.9.This compares to last month’s reading of 53.3.

A reading above 50 signals expansion in the services industry.

This comes after Monday’s ISM manufacturing reading of 51.6, which beat the expectation of 50.5.

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