Markit final Dec US services index 54.8 vs 55.2 expected

Market US services index data

  • Prior was 55.3
  • Composite PMI 55.3 vs 55.7 prior
  • New business 54.6 -- lowest since August
  • New orders 54.9 vs 55.1 flash (Nov final 57.5)
  • Cost burdens at record

There was a clear slowdown in services into year-end but this is old news in light of the stimulus and today's election results.

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