The Institute of Supply Management’s headline Services PMI index rose to a fresh record high at 69.1 in November versus forecasts for a modest fall to 65.0 from 61.9 in October.
Subindices
- The Business Activity index rose to 74.6 from 69.8 in October.
- The Prices Paid index fell to 82.3 from 82.9 in October.
- The New Orders index held steady at 69.7 in November.
- The Employment index rose to 56.5 from 51.6 in October.