Latest / Markets with Megan: A Quick Financial Markets Update
Key Takeaways from the ISM Services Report | Episode 054 | 10-04-23
Megan unpacks the recent ISM Services report, a pivotal measure of the US service sector. This sector accounts for a significant portion of our expenditures, so any shifts in its performance are crucial. Despite remaining in expansion territory, there was a noticeable decline in September. Megan reviews the data, highlighting concerning drops in new orders and employment—both of which serve as leading indicators for consumer spending and the labor market. Stay informed about these subtle yet impactful changes that could influence the economic landscape in the upcoming months…
The skinny
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