US Services Sector Gauge Rises More Than Expected To Over 2-Year Highs As Employment Index Defies Hurricane Shocks
US Services Sector Gauge Rises More Than Expected To Over 2-Year Highs As Employment Index Defies Hurricane Shocks
"The increase in the Services PMI in October was driven by boosts of more than 4 percentage points for both the Employment and Supplier Deliveries indexes. The Business Activity and New Orders indexes both dropped by at least 2 percentage points. Each of the four subindexes are now above their averages for 2024," stated The U.S. services sector's economic momentum is firing at all cylinders, with business activity in October reaching its strongest level in over two years.
美元指數服務業經濟勢頭強勁，十月份業務活動達到兩年多來最強水平。
According to the Institute for Supply Management, the Services PMI surged to 56% in October 2024, up from 54.9% in September, defying expectations of a dip to 53.8%.
根據供應管理協會的數據，2024年10月美元指數服務業採購經理人指數大幅上升至56%，高於9月的54.9%，違背了市場對下降至53.8%的預期。
This result marks the fastest pace of expansion in the U.S. services sector since August 2022. The ISM Services PMI has shown growth in 20 of the past 22 months since January 2023, with October's reading standing 3.7 percentage points above the 2024 average of 52.3%.
這一結果標誌着美國服務業自2022年8月以來擴張速度最快。自2023年1月以來，供應管理協會服務業採購經理人指數在過去的22個月中增長，而十月份的數據比2024年52.3%的平均水平高出3.7個百分點。
"The increase in the Services PMI in October was driven by boosts of more than 4 percentage points for both the Employment and Supplier Deliveries indexes. The Business Activity and New Orders indexes both dropped by at least 2 percentage points. Each of the four subindexes are now above their averages for 2024," stated Steve Miller, chair of the ISM Services Business Survey Committee, said.
「十月份服務業採購經理人指數的增長得益於就業和供應交付指數的增加超過4個百分點。而業務活動和新訂單指數都下降了至少2個百分點。這四個子指數現在都高於2024年的平均水平，」供應管理協會服務業商務調查委員會主席 史蒂夫·米勒說。
ISM Services PMI For October: Key Highlights
美元指數服務業採購經理人指數2024年10月關鍵亮點
- The subindex for Business Activity eased from 59.9% to 57.2% in October.
- The subindex for New Orders eased from 59.4% to 57.4% in October.
- The subindex for Prices eased from 59.4% to 58.1%.
- The subindex for Employment rose from 48.1% to 53%, well above the expected 48%. The outcome marked the highest level in employment index since September 2023.
- 十月份業務活動子指數從59.9%降至57.2%。
- 十月份新訂單子指數從59.4%降至57.4%。
- 十月份價格子指數從59.4%降至58.1%。
- 就業指數從48.1%上升至53%，遠遠超出預期的48%。這一結果標誌着就業指數自2023年9月以來達到最高水平。
"Concerns over political uncertainty were again more prevalent than the previous month. Impacts from hurricanes and ports labor turbulence were mentioned frequently, although several panelists mentioned that the longshoremen's strike had less of an impact than feared due to its short duration," Miller added.
「對政治不確定性的擔憂再次比上個月更爲突出。受颶風和港口勞資糾紛的影響，一些專家提到長shoreman罷工的影響沒有如之前擔心的那樣持續很久，」 米勒補充道。
Market Reactions
市場反應
On Tuesday, U.S. stocks rebounded as investors reacted positively to the latest ISM Services PMI data, alleviating earlier political concerns as Americans headed to the polls to elect the 47th president.
週二，美國股市反彈，投資者對最新的ISM服務業採購經理人指數數據做出積極反應，減輕了先前的政治擔憂，因爲美國人前往投票選舉47萬億美元總統。
The S&P 500, represented by the SPDR S&P 500 ETF Trust (NYSE:SPY), rose 0.8%. The tech-heavy Nasdaq 100, tracked by the Invesco QQQ Trust (NASDAQ:QQQ), rallied nearly 1%, while the SPDR Dow Jones Industrial Average ETF (NYSE:DIA) edged 0.6% higher.
標普500指數，由標普500etf信託基金（NYSE:SPY）代表，上漲了0.8%。納斯達克100指數，由納指100etf-invesco qqq trust（NASDAQ:QQQ）跟蹤，上漲了近1%，而道瓊斯工業平均指數etf（NYSE:DIA）上漲了0.6%。
Yields on 10-year Treasury bonds rose 7 basis points to 4.36%. The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) fell 0.5%.
10年期國債收益率上漲7個點子至4.36%。 ishares 20+年期國庫券etf（NASDAQ:TLT）下跌了0.5%。
The U.S. dollar index — as tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:UUP) — weakened 0.5%.
美元指數 — 由倡導者美元指數bullish基金etf（NYSE:UUP）跟蹤 — 貶值了0.5%。
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