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Indicator Spotlight

ISM Services: Fade Price Pressures Rebound

by Felix-Antoine Vezina-Poirier, Chief Strategist  

The December ISM Services PMI beat estimates, increasing to 54.1 from 52.1 in November. All subcomponents increased except for employment, which nonetheless remains in expansion. The prices paid component was especially strong, increasing to 64.4 from 58.2…

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