September 2017 ISM And Markit Services Remain In Expansion

The ISM non-manufacturing (aka ISM Services) index continues its growth cycle and improved. Markit PMI Services Index slightly declined but remains in expansion.

Analyst Opinion of the ISM and Markit Services Survey

Both services surveys are in expansion. The real question is why did employment come in so poorly the last two months from ADP? Did reality separate from these survey’s?

From Bloomberg / Econoday:

  Consensus Range Consensus Actual Markit Services 55.1 to 56.3 55.1 55.3 ISM Services 54.0 to 56.2 55.4 59.8

From Markit:

From the ISM Services report:

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Author: Travis Esquivel

Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.

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