{"id":61365,"date":"2009-12-03T10:38:00","date_gmt":"2009-12-03T15:38:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/ism-services-index-now-down-two-months-in-a-row-2009-12"},"modified":"2009-12-03T10:38:00","modified_gmt":"2009-12-03T15:38:00","slug":"surprise-the-u-s-services-sector-is-contracting-again","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/61365","title":{"rendered":"Surprise! The U.S. Services Sector Is Contracting Again"},"content":{"rendered":"<p>Last month&#8217;s slight down-tick in the Institute for Supply Management&#8217;s (ISM) services index has turned into something more substantial &#8212; falling to 48.7. This is well below the expected value of 51.5 and means it has now dropped two months in a row.<\/p>\n<p>Moreover it has broken the key 50-level, indicating a contraction in services during November.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b17da0e0000000000792f68\" border=\"0\" alt=\"ism2\" \/><\/p>\n<p>Looking at the detail a bit further, particular weakness came from the Business Activity and Order Backlog components of the index:<\/p>\n<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b17d9d40000000000d60ae4\" border=\"0\" alt=\"ism\" width=\"600\" \/><\/p>\n<p><a href=\"http:\/\/www.ism.ws\/ISMReport\/NonMfgROB.cfm\">Read more details via the full release here.<\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/ism-services-index-now-down-two-months-in-a-row-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/ism-services-index-worse-than-expected-2009-11\">The ISM Services Index Stops Rebounding, Missing Expectations<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/ism-surprises-to-the-upside-2009-11\">ISM Better Than Expected, But Industry Commentary Was Worrisome<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/ism-services-index-flips-to-growth-2009-10\">ISM Services Index Back Above 50, But It&#8217;s Not Helping Jobs<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/QOTgkLA-xZc\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last month&#8217;s slight down-tick in the Institute for Supply Management&#8217;s (ISM) services index has turned into something more substantial &#8212; falling to 48.7. This is well below the expected value of 51.5 and means it has now dropped two months in a row. Moreover it has broken the key 50-level, indicating a contraction in services [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-61365","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/61365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=61365"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/61365\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=61365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=61365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=61365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}