The ISM manufacturing activity index fell in January from 60.5 to 58.7. The data implied a setback greater than expected since the market consensus was for a reading of 60.0. The December data was downward from 60.7 to 60.5.
The ISM employment index rose from 51.7 to 52.6, while that of new orders went from 67.5 to 61.1. The one of prices paid posted a new advance from 77.6 to 82.1.
Previously the January PMI Markit final reading which showed an upward revision from the preliminary reading of 59.1 to 59.2. This reading is the highest since the series began in 2007.
Another report showed that construction spending in December climbed 1%, exceeding the expected increase of 0.9%.
The dollar it remained without significant changes in the market after the data. The greenback is validating modest gains against the main currencies and is falling against those of emerging markets, in the face of a rebound in stock markets around the world.
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