πΊπΈ ISM Services kept its expansion streak alive in April. The sub-index deterioration underneath is harder to dismiss.
The day in view
πΊπΈ ISM Services kept its expansion streak alive in April. The sub-index deterioration underneath is harder to dismiss.
ISM Services New Orders collapsed 7.1 points to 53.5 in April, the sharpest single-month drop since 2023, while the jobs-to-workers ratio fell to 0.95, crossing below 1.0 for the first time since the pre-pandemic era.