Services data: what's the bigger half of the economy saying?

Services dominate developed economies, so services PMIs and ISM readings often matter more than the manufacturing numbers the headlines prefer.

Services data: what's the bigger half of the economy saying? — risk-reward diagram
A risk-reward ratio of 1 to 2

Share:

  • the services data you track
  • how services inflation feeds your rate view
  • the release that changed your mind recently
Services data: what's the bigger half of the economy saying? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

Background: PMI explained and US ISM services.

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