US services sector growth moderated in October, with ISM Services PMI declining from 54.9 to 54.5, below market expectations of 54.8. Nevertheless, the index remained in expansion territory for the 28th consecutive month. The underlying demand indicators showed a more pronounced slowdown than the headline reading suggested. Business Activity fell from 56.5 to 53.8, while […]The post US ISM Services Slips to 54.5 as Orders Slow Sharply, but Employment Improves appeared first on ActionForex.