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ISM Non-Manufacturing

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Description

Similar to the manufacturing index but for non-manufacturing sectors like services.

The ISM Non-Manufacturing Index mirrors the manufacturing index but focuses on the services sector, which constitutes a significant portion of many developed economies. Like its manufacturing counterpart, a score over 50 indicates growth in non-manufacturing activities. This index provides insights into service industry dynamics, influencing broader economic outlooks and investment strategies in service-related stocks.

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