Service industrial data is worse than expected

The U.S. ISM purchasing Service industrial purchasing manager index, increased to 50.5 points in January, instead of the expected 51 points, from the former 49.8 points.

The business activity index became less favorable, although it remained above the 50 points limit. The subindex decreased to 52.2 points from the former 53.2 points, while 53.8 points was expected.
The price index increased to 61.2 points, from the former 59.6 points, the employment subindex rose to 44.6 points, from the former 43.6 points, the index of the new orders, increased to 54.7 points, from the former 52 points – reports tozsdeforum.hu.