U.S. ECO PREVIEW: ISM Non-Manufacturing Due in 5 Minutes
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- ISM non-manufacturing index seen at 55 in Aug. vs 55.5 in July (forecast range 52.6 to 56.6); composite index tracks business activity, orders, employment, deliveries; above 50 indicates expansion, below 50 contraction.
Alert: HALISTER1- July’s reading followed a 7-mo. high of 56.5 in June
- In today’s report, “the risk is to the downside, in light of the slower private-service sector hiring evident in the jobs report” last wk: Bloomberg Intelligence
Source: BFW (Bloomberg First Word)
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UUID: 7947283