US ISM Services PMI in January: 55.2 vs. 50.4 consensus and 49.6 in December.
The Business Activity Index registered 60.4 percent, a 6.9-percentage point increase compared to the seasonally adjusted reading of 53.5 percent in December.
The New Orders Index grew in January after contracting in December for the first time since May 2020.
The Prices Index was down 0.3 percentage point in January, to 67.8 percent.
Source: ISM
