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Surprise! US Services Sector Still Going Strong
The US services sector is holding up well, data released on Tuesday showed.
That's not exactly news, but on the off chance you needed additional evidence to support the contention that the biggest part of the world's largest economy is humming along just fine, ISM's gauge of services activity printed 56 for October, easily ahead of expectations.
As the figure below shows, the headline print was the best since July of 2022. Consensus was 53.8, so this constituted a meaningful beat.
The final
If Harris wins nc and/or Georgia we can go to bed early before trump starts ranting. That would be a blessing
Since you brought it up, what was the spread b/w ISM Prices & CPI pre-pandemic?