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Non-manufacturing ISM drops to 52 points

The index monitoring services activity fell by 0,9 percentage points compared to October. Orders to industry also decreased for the second month in a row.

Non-manufacturing ISM drops to 52 points

Worse than expected macroeconomic data arrives from the United States. The index Non-manufacturing ism, which monitors the activity of services, has dropped to 52 points in November from 52,9 in October while analysts expected a rise to 53,9 points.

Also down orders to industry which in October fell by 0,4% against expectations for a drop of 0,3%. It's about the second month in a row of downturn.

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