{"id":61492,"date":"2009-12-03T13:45:00","date_gmt":"2009-12-03T18:45:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/chart-of-the-day-ism-non-manufacturing-index-2009-12"},"modified":"2009-12-03T13:45:00","modified_gmt":"2009-12-03T18:45:00","slug":"chart-of-the-day-the-services-sector-turns-sharply-lower","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/61492","title":{"rendered":"CHART OF THE DAY: The Services Sector Turns Sharply Lower"},"content":{"rendered":"
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The U.S. services sector is once again contracting according to the Institute for Supply Management’s (ISM) Non-Manufacturing Index.<\/p>\n

The latest November index value came in at 48.7, surprising consensus economists who expected it to be 51.5. Any value below 50 indicates a contraction of activity, according to the ISM.<\/p>\n

This makes it very clear that the services sector improvement we’ve seen all year has suddenly reversed, after only briefly breaking above the key 50-level. See detailed tables about the latest November report here.<\/a><\/p>\n

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