» ISM Non-Manufacturing: Normal volatility Decision Economics

ISM Non-Manufacturing: Normal volatility

Posted July 6, 2011 by Editor

[private][private]The headline ISM non-manufacturing index declines by a slightly more-than-expected 1.3 points (Consensus: -1.0 point; Decision Economics: +0.5 point). The issue is whether this represents normal volatility, or evidence of a new trend deterioration–and odds favor the “normal” possibility.

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