The ISM non−manufacturing index is expected to increase for the third month in a row
The ISM non-manufacturing index is expected to increase for the third month in a row, but will remain below the benchmark of 50, indicating that the non-manufacturing sector continues to contract but at a slower pace.
The ISM non-manufacturing in the US probably shrank in August for the third straight month, a sign that the economic slowdown is still in full effect as domestic demand and higher costs prevent companies from expanding, economists and traders said before a report today.