ISM Services index signals contraction in the services sector

seekingalpha.com

The ISM Services index is at 50, but the Business Activity index fell below 50, signaling contraction in the services sector. More services industries are contracting, and employment in the sector is already in decline. Concerns about AI demand were also noted in the report. The bond market is stalled due to a government shutdown, while the stock market continues to rise, seemingly ignoring this private economic data.


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ISM Services index signals contraction in the services sector | News Minimalist