U.S. Services Index Unexpectedly Indicates Faster Growth In November

RTTNews | 997天前

(RTTNews) - A report released by the Institute for Supply Management on Monday showed U.S. service sector activity unexpectedly grew at an accelerated rate in the in the month of November.

The ISM said its services PMI climbed to 56.5 in November from 54.4 in October, with a reading above 50 indicating growth in the sector. The increase surprised economists, who had expected the index to dip to 53.1.

Andrew Hunter, Senior U.S. Economist at Capital Economics, said the services index is "consistent with the recent consumption data in pointing to decent activity growth in the fourth quarter."

"But we suspect that resilience will fade next year, as higher interest rates start to take a bigger toll," Hunter added.

The unexpected advance by the headline index partly reflected a significant acceleration in the pace of growth in business activity, with the business activity index surging to 64.7 in November from 55.7 in October.

The report also showed a turnaround by employment in the service sector, as the employment index rose to 51.5 in November from 49.1 in October.

On the other hand, the new orders index edged down to 56.0 in November from 56.5 in October, pointing to a slight slowdown in the pace of growth.

The prices index also dipped to 70.0 in November from 70.7 in October, suggesting prices increased by a modestly slower rate.

The ISM noted the prices index was near or below 70.0 for the fifth consecutive month following nine straight months of readings above 80.0, indicating movement toward equilibrium.

Last Thursday, the ISM released a separate report showing U.S. manufacturing activity contracted for the first time in over two years in the month of November.

The ISM said its manufacturing PMI slipped to 49.0 in November from 50.2 in October, with a reading below 50 indicating a contraction. Economists had expected the index to edge down to 49.8.

With the slightly bigger than expected decrease, the manufacturing PMI fell to its lowest level since hitting 43.5 in May of 2020.

标签: USD

U.S. Pending Home Sales Fall More Than Expected In July

A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.

RTTNews | 6小时42分钟前

U.S. Economy Surges More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge. Economists had expected the jump in GDP to be upwardly revised to 3.1 percent.

RTTNews | 7小时15分钟前

U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.

RTTNews | 7小时22分钟前

U.S. GDP Jumps More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday.

RTTNews | 8小时35分钟前

U.S. Weekly Jobless Claims Edge Down To 229,000

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd.

RTTNews | 8小时40分钟前

U.S. Consumer Confidence Index Edges Lower In August

A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.

RTTNews | 2天前

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.

RTTNews | 2天前

U.S. Durable Goods Orders Tumble Less Than Expected In July

RTTNews | 2天前

EURUSD	1.16777	GBPUSD	1.35056	AUDUSD	0.65263
USDJPY	146.828	USDCAD	1.37442	USDCHF	0.80041