US: ISM Services PMI rose to a record 69.1 in November vs. 65.0 expected

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. 

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