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Usa: the ISM index of services rises surprisingly

In November, the index stood at 54,7 points from 54,2 in October, against a consensus of 53,5 points – The growth in new orders and business activity is pushing the services sector up.

Usa: the ISM index of services rises surprisingly

The good performance of the new orders component and the recovery of the business activity spslew over the US service sector in November, slightly increasing the overall pace of growth and offsetting the decline in prices and employment.

LIn fact, the ISM index of services rose to 54,7 last month from 54,2 in October, against analysts' estimates which expected a figure to drop to 53,5 points above the 50 point level which represents the dividing line between contraction and expansion in the sector.

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