Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
[U.S. Service Sector Activity Accelerated In December, And The Price Index Rose To A Nearly Two-year High] U.S. Service Sector Activity Accelerated In December, But An Index Measuring Input Prices Soared To A Nearly Two-year High, Indicating Rising Inflation, Which Is Consistent With The Federal Reserve's Forecast Of A Smaller Rate Cut This Year. The Institute For Supply Management (ISM) Said On Tuesday That Its Non-manufacturing PMI Rose To 54.1 Last Month From 52.1 In November Due To Strong Demand, Exceeding Market Expectations Of 53.3. So-called Hard Data, Including Consumer Spending, Showed That The U.S. Economy Performed Solidly In The Fourth Quarter. ISM Data Last Week Showed That The Manufacturing PMI Rose To A Nine-month High In December. The New Orders Index Rose To 54.2 From 53.7 In November. The Business Activity Index Rose To 58.2 From 53.7 Last Month. As Demand Rises, Input Costs Are Also Rising. The Non-manufacturing Price Index Jumped To 64.4 From 58.2 In November, The Highest Level Since February 2023. The Employment Index Was 51.4, With Little Change
Quick access to 24/7
Quick access to more editor-selected real-time news
Exclusive video for free
FastBull VIPject team is dedicated to create exclusive videos
Follow More Symbols
You can add more symbols to your watchlist.
More comprehensive macro data and economic indicators
More comprehensive historical data on indicators to help analyze macro markets
Member-only Database
Comprehensive forex, commodity, and equity market data