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The number went from ~54 to ~49. A reading above 50 indicates growth in the services sector, while a reading below 50 indicates contraction. The ISM releases t
by mensetmanusman 2y ago
The number went from ~54 to ~49.
A reading above 50 indicates growth in the services sector, while a reading below 50 indicates contraction. The ISM releases this report monthly to provide a measure of economic conditions in the services sector.