The ISM Non-Manufacturing PMI for August reached 52.0, above the forecast of 51, marking the strongest growth in the services sector in six months. Expansion in business activity (55.0) and new orders (56.0) were the main drivers behind this improvement. On the other hand, employment contracted (46.5), and prices remained elevated (69.2), keeping concerns alive. Overall, while demand shows positive signals, inflationary pressures and weak employment continue to create a mixed outlook.
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