Forex News: 05.04.2007 U.S. March ISM services index fell to 52.4%
Non-manufacturing sectors of the U.S. economy expanded at a slower pace during March, the Institute for Supply Management reported.
The ISM non-manufacturing index fell to 52.4% from 54.3% in February. The drop was a surprise. Economists were looking the index to rise to 55%.
New orders fell to 53.8% from 54.8%. The employment index fell to 50.8% from 52.2%. The price index jumped to 63.3% from 53.8% in the previous month.
posted by Kalin Tasev @ 6:37 AM
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