Wu Blockchain (@WuBlockchain): US releases September ISM Services PMI at 50, below the expected 52 and prior 52, indicating stagnant service sector activity—the first time since 201…
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US releases September ISM Services PMI at 50, below the expected 52 and prior 52, indicating stagnant service sector activity—the first time since 2010 it has held steady. Business activity contracts for first time since 2020, new orders decline, and employment shrinks for the fourth month. Inflationary pressures remain high. https://t.co/UzLjUHzRPd