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15:00: Dados States
10:03am 05/04/05 U.S. APRIL ISM SERVICES PRICES 61.9% VS 65.6% IN MARCH
10:02am 05/04/05 U.S. APRIL ISM SERVICES NEW ORDERS 58.8% VS 62.1% MARCH
10:01am 05/04/05 U.S. APRIL ISM SERVICES EMPLOYMENT 53.3% VS 57.1% MARCH
10:00am 05/04/05 U.S. APRIL ISM SERVICES ABOVE CONSENSUS 60.9%
10:00am 05/04/05 U.S. APRIL ISM SERVICES 61.7% VS 63.1% IN MARCH
ECONOMIC REPORT: ISM services shows slight pullback; Falls to 61.7% in April
By Greg Robb, MarketWatch
Last Update: 10:17 AM ET May 4, 2005
WASHINGTON (MarketWatch) -- Nonmanufacturing sectors of the U.S. economy expanded at a slightly slower pace during April, the Institute for Supply Management reported Wednesday.
The ISM nonmanufacturing index edged down to 61.7% from 63.1% in March.
The decline was not as large as expected. Economists were looking the index to fall to 60.9%.
New orders fell to 58.8% in April from 57.1%.
The employment index fell to 53.3% from 57.1%.
The price index slipped to 61.9% from 65.6%. While the price index declined, comments from April, "comments from members indicate that pressure from their suppliers to increase prices continues unabated," said Ralph Kaufman, chair of the ISM services survey committee.
Inventories rose to 54.5% from 52.5%.
Fourteen of 17 industries were expanding in April, led by utilities and insurance. Entertainment was the one industry that contracted and two reported the same level of activity.
Readings over 50% in the ISM index indicate expansion in the sector. The ISM measures the breadth of economic health across firms, rather than the intensity of growth.
10:02am 05/04/05 U.S. APRIL ISM SERVICES NEW ORDERS 58.8% VS 62.1% MARCH
10:01am 05/04/05 U.S. APRIL ISM SERVICES EMPLOYMENT 53.3% VS 57.1% MARCH
10:00am 05/04/05 U.S. APRIL ISM SERVICES ABOVE CONSENSUS 60.9%
10:00am 05/04/05 U.S. APRIL ISM SERVICES 61.7% VS 63.1% IN MARCH
ECONOMIC REPORT: ISM services shows slight pullback; Falls to 61.7% in April
By Greg Robb, MarketWatch
Last Update: 10:17 AM ET May 4, 2005
WASHINGTON (MarketWatch) -- Nonmanufacturing sectors of the U.S. economy expanded at a slightly slower pace during April, the Institute for Supply Management reported Wednesday.
The ISM nonmanufacturing index edged down to 61.7% from 63.1% in March.
The decline was not as large as expected. Economists were looking the index to fall to 60.9%.
New orders fell to 58.8% in April from 57.1%.
The employment index fell to 53.3% from 57.1%.
The price index slipped to 61.9% from 65.6%. While the price index declined, comments from April, "comments from members indicate that pressure from their suppliers to increase prices continues unabated," said Ralph Kaufman, chair of the ISM services survey committee.
Inventories rose to 54.5% from 52.5%.
Fourteen of 17 industries were expanding in April, led by utilities and insurance. Entertainment was the one industry that contracted and two reported the same level of activity.
Readings over 50% in the ISM index indicate expansion in the sector. The ISM measures the breadth of economic health across firms, rather than the intensity of growth.
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