5 November 2019
U.S. ISM non-manufacturing index likely to rebound to 53.7 in October – TDS
Analysts at TD Securities are expecting a modest rebound in the U.S. ISM non-manufacturing index to 53.7 following the drop to a three-year low in September.
- “We expect the services sector to have improved in October on the back of a solid US consumer. Service sector surveys suggest small gains during the month, while consumer spending has continued to prove resilient.”