FYI: Yesterday's release of the ISM Non Manufacturing (Services) index for the month of March came in right inline with expectations (56.5), which sure beats the recent trend of a seemingly endless run of weaker than expected data. On a combined basis (ISM Manufacturing and ISM Non Manufacturing) and accounting for each sector’s weight in the overall economy, the March ISM fell from 56.4 down to 55.9, which was the lowest level since April 2014 (lower chart).
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/ism-services-inline-with-expectations/
