US ISM Services PMI (Dec) 54.4 vs. Exp. 52.3 (Prev. 52.6)
Newsquawk Staff ·
US ISM Services PMI (Dec) 54.4 vs. Exp. 52.3 (Prev. 52.6)
What it means
The US ISM Services PMI for December came in at 54.4, significantly above the expected 52.3 and also higher than the previous month's 52.6. This stronger-than-expected reading suggests robust activity in the services sector, which could influence the growth outlook positively and potentially shape future monetary policy discussions.
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