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The consensus forecast among economists had been for a more modest decline to 52.6.
The Institute for Supply Management said its index of economic activity in the services sector fell to 53.5 last month from 56.0 in March, missing economists' forecasts for a modest decline to 55.5.
Analysts had forecast a modest decline to 57.
Analysts had been expecting a far more modest decline to 56.4.
Countering the latest whiff of recovery on housing, the Conference Board's reading on consumer sentiment fell to 46.6 this month from June's 49.3, surprising economists who expected a more modest decline to 49 as high unemployment and mounting foreclosures weigh on American shoppers.
There was a steady rise in ambulatory treatment visits for type 2 diabetes, from 23.6 million (95% CI 20.8 25.3) to a peak of 35.3 million visits in 2007 (32.2 37.3), then a modest decline to 31.2 million visits in 2012 (28.6 34.0).
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A rapid rise (P < 0·001) to 2816·6 ± 158·9 μg/ml was observed at 14 days followed by a modest decline at 21 days.
"It's a very modest decline at this point, no greater than anyone who's 84".
What sort of housing price declines do you see coming in Britain and the U.S.? In the U.S., we see a modest 5% decline to fair value.
Forbes: What sort of housing price declines do you see coming in Britain and the U.S.? Grantham: In the U.S., we see a modest 5% decline to fair value.
Two years ago, Microsoft actually saw a modest decline from Q1 to Q2.
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