Details of the October 2016 US ISM non-manufacturing PMI data report 3 November 2016
Prior 57.1
Business activity 57.7 vs 59.7 exp, Prior 60.3
Employment 53.1 vs 57.2 prior
New orders 57.7 vs 60.0 prior
Prices paid 56.6 vs 54.0 prior
A much softer report from area that was showing good strength. Note the prices component rising.
This lot also got the Hanjin Shipping bankruptcy question and what effects it had on business.
68.5% no impact
17.1% small impact
6.9% Material but manageable impact
0.0% large impact
7.4% unsure
More than one comment touched on higher prices.
US ISM non-manufacturing PMI