By Jill Mislinski
The Institute of Supply Management ((ISM)) has now released the April Non-Manufacturing Purchasing Managers' Index ((PMI)), also known as the ISM Services PMI. The headline Composite Index is at 55.5 percent, down 0.6 from 56.1 last month. Today's number came in below the Investing.com forecast of 57.2 percent.
Here is the report summary:
"The NMI® registered 55.5 percent, which is 0.6 percentage point lower than the March reading of 56.1 percent. This represents continued growth in the non-manufacturing sector, at a slightly slower rate. The Non-Manufacturing Business Activity Index increased to 59.5