fbpx

US: ISM non-manufacturing index likely to decline to 55.1 in September – TD Securities

 In Blog

US: ISM non-manufacturing index likely to decline to 55.1 in September – TD Securities

In view of analysts at TD Securities, the US ISM non-manufacturing index is expected to decline modestly to 55.1 in September following the notable 2.7 increase to 56.4 in August.

Key Quotes

“This would come on the heels of a sharply lower ISM manufacturing print for September that dragged the index deeper into a contractionary territory and would suggest the services sector remains largely healthy despite the worsening outlook for the industrial sector.”

Recent Posts

Leave a Comment

0

Start typing and press Enter to search