U.S. Review Not as Bad as It Looks The ISM non-manufacturing index edged down 0.4 points in March, but, at 56.5, remains firmly in expansion territory. The non-manufacturing index has held up well compared to the manufacturing index, suggesting that the headwinds from the stronger dollar and lower mining investment have had little effect on the significantly larger service sector. Labor market data released this week gave no indication that conditions have softened to the degree suggested by
SOURCE: FXstreet.com – Read entire story here.
