U.S. ISM Services PMI expanded more than expected in August, with the prices index hitting a four-year high.
The U.S. ISM Services PMI rose to 55.4 in August, exceeding the expected 54.3 and reaching a six-month high, with new orders growing at the fastest pace since early 2023. The prices paid index climbed to 72.6, its highest level since mid-2022. The Chair of th…
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