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ISM Services Beats But With Push Lower In Prices Paid

  • ISM Services beats in June with 53.9 (cons 51.2) after 50.3 – highest since Feb. It goes against the continued deterioration in manufacturing activity.
  • But prices paid falls 2.1pts to 54.1 – lowest since Mar’20
  • Employment rises 3.9pts to 53.1 – highest since Feb.
  • New orders +2.6pts to 55.5 - highest since April.

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