The July non-manufacturing composite index is a miss to the
downside. It comes in at 53.9 vs 56.9 estimate. The prior month was at
57.4.
- 11 month low for the index
- Employment 53.6 vs 55.8 last
- Orders 55.1 vs 60.5 last
- Prices paid 55.7 vs 52.1 last
- Business activity 55. 9 vs 60.8 last
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