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ISM Services: Resilient Expansion with Somewhat Overstated Strength
From wellsfargo.bluematrix.com
The December ISM Services report shows steady but perhaps overstated strength, with modest underlying demand and hiring, slightly easing price pressures and an overall service‑sector expansion that’s resilient but not as robust as headline numbers imply. The ISM Services Index rose to 54.4—its highest since October 2024—extending a recent upward trend led by a sharp gain in new orders. That five‑point jump in new orders, however, overstates underlying momentum, as much of the shift reflects more firms reporting conditions as merely unchanged rather than improving. In fact, the share of respondents seeing ... (full story)
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- Jan 7, 2026 8:45pm Posted byFundamental Analysis1,080
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