The Services PMI comes in at 53.1 from an expected 51.4 and August result at 51.5
For the Composite PMI, comes in at 52.1 from 52.0 in August
A solid headline result for services, and its best for 3 months
But a little mixed in the details:
- better new orders (also at its fastest rise in 3 months0, 52.4 vs. 51.7 in August
- employment sub index into contraction, at 49.0, its first dip under 50 since July 2016