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SPDN - ISM Non-Manufacturing: Increase In December
Direxion Daily S&P 500 Bear 1X Shares
By Jill Mislinski
The Institute of Supply Management (ISM) has now released the December Non-Manufacturing Purchasing Managers' Index (PMI), also known as the ISM Services PMI. The headline Composite Index is at 55.0 percent, up 1.1 from 53.9 last month. The latest number came in above the Investing.com forecast of 54.5 percent.
Here is the report summary:
"The NMI® registered 55 percent, which is 1.1 percentage points higher than the November reading of 53.9 percent. This represents continued growth in the non-manufacturing sector, at a slightly faster rate. The Non-Manufacturing Business Activity Index rose to