Categories: Markets

ISM services PMI falls to 62 in December, down from an estimated 66.9

ISM services PMI falls to 62 in December, down from an estimated 66.9

The US ISM services PMI index has fallen to 62 points in December from 69.1 in November, being below the 66.9 expected by the market. This is the lowest level registered by the indicator since last September.

The ISM non-manufacturing price paid index has risen to 82.5 from the 82.3 of the previous month, although it does not reach the 83.6 estimated by the experts.

The Indicator employment index has dropped to 54.9 from the previous 56.5, improving the 54.1 forecast. The new orders indicator has retreated to 61.5 from 69.7, below the 65 forecast.

On the other hand, the United States has published its November factory orders. The indicator has risen 1.6%, improving the 1.2% of October (revised up from 1%) and the 1.3% expected. This is the best result obtained in six months.

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