Details of the February 2017 US ISM non-manufacturing PMI data report 3 March 2017
– Business activity 63.6 vs 60.0 exp. Prior 60.3
– Employment 55.2 vs 54.7 prior
The services side of the ISM hits the highest since Aug 2015. Strong activity, strong orders, healthy employment. The only minor negative is a dip in the price indicator but the Fed will take the rest with open arms.