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ISM non-manufacturing PMI comes in at 52.4 vs. 50.5 estimated
Youtube· 2025-11-05 15:58
Back to Rick Santelli. Hi again, Rick. >> Hi Carl.Well, this is a different story. You see yield zoom zoom zooming. That's because of the following data points.October read on ISM services are strong. 52.4% is a headline. Well above expectations.Two and a half points above our last look. Sequentially strong. Best since Feb of this year when it came in at a strong 53.5%.Prices paid moving the wrong way. Another reason yields are going up 70.0%. We're expecting 68 69.4% in the rearview mirror.Highest prices p ...
ISM non-manufacturing PMI comes in at 50 vs. 51.7 estimated
Youtube· 2025-10-03 14:26
We are getting some breaking economic data right now. Not the jobs report, but Rick Santelli has that for us. Rick.Yes. ISM services. We had the PMI services and they were sequentially mixed, but they were still above 50.Here's a September read. 50 on the nose for the headline. That happens to be the weakest actually since May of this year when when we had our sub50 reading, the only one of the year at 49.9%.And obviously it's sequentially lower than our last look for August, which was 52 on the prices paid ...