DJIA22325.10
LIVE688.32(3.18%)
NDX7889.01
LIVE300.64(3.96%)

U.S. Services Gauge Climbs to Five-Month High on Gain in Orders


Wednesday, 5 February 2020 22:26 WIB

Ekonomi ASISM Non-Manufacturing


c_740_198_16777215_00_images_assets_ECONOMY2_Laporan-ISM-Non-Manufaktur-Bisnis-Bulan-Agustus-2017.jpg

Firmer business activity and orders helped lift a gauge of U.S. service providers to a five-month high in January, indicating steady growth in the broader economy at risk of wavering amid mounting concerns about the coronavirus.

The Institute for Supply Management's non-manufacturing index climbed to 55.5, exceeding the median projection in a Bloomberg survey of economists, from 54.9 a month earlier, according to data issued Wednesday. A measure of business activity climbed to an almost one-year high. The subindex, which parallels the group's index of factory production, has jumped 8.6 points in the last two months, the biggest gain in 11 years.

The improvement in services activity and a rebound in the ISM's manufacturing gauge show business optimism was building just as the coronavirus epidemicbegan to exact a bigger toll -- both in terms of the growing number of lives lost and economic disruption. 

Source : Bloomberg


RELATED NEWS

  • The COVID-19 and emergency response form the Reserve Bank of Australia has stripped away the importance, or rather, the sense of urgency surrounding this data, but for what it is worth at this stag in...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.