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Exact(16)
It was the weakest reading to date.
It was the group's weakest reading to date.
The ISM's gauge of service-sector activity fell to 54.1, its weakest reading since March.
Poland's manufacturing PMI came in at 47.0, the weakest reading since July 2009.
That was the weakest reading in five months, but still pointed to a robust pace of growth.
Excluding food and energy prices, the index fell 0.4percentt last year, the weakest reading since 1973.
Similar(44)
Conversely, a weak reading will reignite worries of a slowdown.
Analysts had expected a weaker reading of 52.8.
Today's reports could increase expectations for a weak reading on December employment, which will be released on Friday morning.
The Frankenstein-is-Oppenheimer model considers only the former, which makes for a weak reading of the novel.
The report largely reinforced economists' forecast for a weak reading in the Labor Department's payrolls report on Friday.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com