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US ISM Services Disappoints in March Amid Price Jumps and Employment Dips
The US ISM Services PMI for March showed disappointing results, with prices increasing while employment decreased, highlighting a divergence from S&P Global's survey.
6 Apr, 14:01 — 6 Apr, 14:06
The Story
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Source Diversity
Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
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seeking-alpha
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zerohedge
Geographic diversity— 1 region4/34
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Sources
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seeking-alphaMixed3d ago
ISM Services PMI weakens more than expected in March
Read full article →zerohedgeLow3d ago
Prices Jump, Employment Dumps As US ISM Services Disappoints In March
Prices Jump, Employment Dumps As US ISM Services Disappoints In March The last six months or so has seen S&P Global's and ISM's Services PMI surveys diverge dramatically (former at three year lows, latter near four year highs). But, following S&P Global's Services PMI plunge into contraction in March, ISM's Services PMI actually 'agreed' and fell also (but only modestly) from 56.1 to 54.0 (still in expansion but worse than the expected 54.9)... Source: Bloomberg Under the hoo...
By Tyler Durden
Read full article →Coverage Timeline
First report: seeking-alpha · 6 Apr, 14:01|Full coverage: 2 · 5m|Window: 5m
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