Details of the February 2017 US ISM non-manufacturing PMI data report 3 March 2017
Prior 56.5
- Business activity 63.6 vs 60.0 exp. Prior 60.3
- Employment 55.2 vs 54.7 prior
- New orders 61.2 vs 58.6 prior
- Prices paid 57.7 vs 59.0 prior
The services side of the ISM hits the highest since Aug 2015. Strong activity, strong orders, healthy employment. The only minor negative is a dip in the price indicator but the Fed will take the rest with open arms.
Export orders moved well into the green, from their contracting 48.0 to 57.0.
The data has given the buck a small boost, with USDJPY rising back to the day's highs at 114.54.
US ISM non-manufacturing PMI
