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ISM Non-Manufacturing: Red Flag
The December ISM Non-Manufacturing Survey is weaker than expected, with the headline index dipping a relatively minor 0.9 point, to 53.0 (Consensus: +0.6 point; Decision Economics: +0.3 point)–but incorporating a sudden 7.0-point drop, to 49.4, in the new orders index. [private]US_14-0106_E1[/private]