- Prior 59.6
- Business index 62.9 vs 63.5 exp. Prior 65.0
- Employment 58.5 vs 57.1 prior
- New orders 61.0 vs 63.8 prior
- Prices paid 55.2 vs 57.7 prior
The drop from August came was less than expected but again we’re seeing some sub index falls too. Nothing to get carried away with though.
USD/JPY carves out a new high at 109.77
Respondents are not exactly brimming with confidence like their manufacturing cousins and there’s a few keenly watching price rises in commodities and materials. Right at the top is a worry about spending in construction, which we saw on Wednesday
US ISM Non-manufacturing PMI 03 10 2014
US ISM Non-manufacturing PMI chart 03 10 2014
