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 hood it was a very mixed bag with a surge in New Orders (highest since Feb 2023 – good), but a simultaneous spike… — Continue at ZeroHedge News : Read More
