ISM Services Comes In Below Expectations At 53.5

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Photo: Jmsphotographie via Flickr

UPDATE:A bit weak.

Analysts expected 53.5, but they came in at 52.9.

That’s also down from 53.0 last month.

Nothing too gigantic here — 52.9 still marks growth — but still disappointg.

 

ORIGINAL POST: The last big economic datapoint of the day: ISM Non-Manufacturing for October.

Analysts expect a reading of 53.5, up slightly from 53.0 last month.

We’ll have the full number when it’s out at 10:00 AM ET.

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