Wednesday, April 4, 2007

Services index falls to four-year low: ISM

(Reuters) - February had already shown a sharp pullback, so most analysts were counting on a rebound. The median of forecasts in a Reuters survey of economists had predicted a rise to 55.0.

The prices component jumped to 63.3 from 53.8, while a measure of employment slipped to 50.8 from 52.2. New orders dipped to 53.8 from 54.8.


Read more at Reuters.com Bonds News

No comments: