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 55.5 in Nov. vs 54.8 in Oct. (forecast range 54 to 56.9); composite index tracks business activity, orders, employment, deliveries; above 50 indicates expansion, below 50 contraction.
Alert: HALISTER1- Prior report showed 13 of 18 industries reported gains in Oct., including transportation, warehousing and construction
- ISM index correctly signaled growth over the last six years and “recent postings suggest the pace of growth is on track for above-trend economic activity”: Bloomberg Intelligence
Source: BFW (Bloomberg First Word)
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UUID: 7947283