Article
Tech Leads Strong Growth Signals From US Services Sector Surveys; But Prices Are Soaring
Tech Leads Strong Growth Signals From US Services Sector Surveys; But Prices Are Soaring
After last weeks impressive moves in Manufacturing survey data (though burdened with the baggage of a surge in Prices Paid), all eyes are on the Services side of the US economy with mixed results expected (S&P up, ISM small down).
S&P Global US Services September slightly better than expected (58.8 vs 58.7 exp/flash vs 56.5 prior) - strongest in five years
ISM US Services slightly worse than expected (54.9 vs 55.0 exp vs 55.4 prior)
Quite a divergence...
“September has seen...
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