US November ISM services 52.1 vs 55.5 expected ...Middle East

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US November ISM services 52.1 vs 55.5 expected
Prior was 56.0 (was best since Sept 2023)Employment 51.5 vs 53.0 priorNew orders 53.7 vs 57.4 priorPrices paid 58.2 vs 58.1 priorSupplier deliveries 49.5 vs 56.4 priorInventories 45.9 vs 57.2 priorBacklog of orders 47.1 vs 47.7 priorNew export orders 49.6 vs 51.7 priorImports 53.8 vs 50.2 priorInventory sentiment 54.6 vs 53.0 priorComments in the report“Federal Reserve interest rate cuts have not had the desired effect on mortgage rates yet. With election results mostly determined, expansion of residential construction is anticipated, but the unknown effect of tariffs clouds the future.” [Construction]“All operations are normal at the moment. Nothing local or national that is having any

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