S10-E5: ISM’s Non-Manufacturing Index at 53.9

The ISM’s Non-Manufacturing Index rolled up to 53.9, 3.5 points less than July activity that was reported in early August. All categories that make up the index fell which may be an indicator of summer vacations in August. Hear Anthony Nieves, Committee Chair of the ISM’s Non-Manufacturing Report on Business(R), goes into detail about the report and the categories to give listeners a solid sense of what is happening in this large segment of the U.S. economy.