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ISM nonmanufacturing index for October 60.3 versus 59.1 expected



ISM nonmanufacturing index for October 60.3 versus 59.1 expected





















Down from Septembers 61.6 level (was highest since 1997) but higher than expected and remain near high levels.

  • nonmanufacturing index 60.3 versus 59.1 expected
  • business activity fell to 62.5 from 65.2
  • new orders fell to 61.5 versus 61.6
  • employment fell to 59.7 from 62.4
  • supplier deliveries rose to 57.5 versus 57.0
  • prices paid fell to 61.7 from 64.2
  • inventory change rose to 56.0 from 54.5
  • backlog of orders fell to 53.5 versus 59.0
  • new export orders unchanged at 61.0
  • imports fell to 51.0 versus 55.0
  • inventory sentiment rose to 62.0 versus 59.5

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