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US ISM non-manufacturing PMI prints higher than estimates

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    US Institute of Supply Management’s (ISM) non-manufacturing PMI index printed at 54.5 in March, bettering the estimated rise to 54.00 from February’s 53.4.

    The employment index also made a comeback to expansion territory, printing at 5.3 following last two months of sub-50 readings.

    Key points

    Business index 59.8 Mar Vs. 57.8 Feb

    Prices 49.1 Mar Vs. 45.5 Feb

    Employment index 50.3 Mar Vs. 49.7 Feb

    New orders 56.7 Mar Vs. 55.5 Feb

    Supplier deliveries 51.0 Mar Vs. 50.5 Feb (nsa)

    Order backlog 52.0 Mar Vs. 52.0 Feb (nsa)
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