ISM NON-MANUFACTURING SOARS PAST EXPECTATIONS AT 53.7

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UPDATE:

Nice number!

ISM services has soared past expectations, jumping to 53.7 from 52.6

It was expected to decline to 52.5.

Critically for jobs: The employment index spiked from 49.3 to 53.8.

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ORIGINAL POST:Last big datapoint of the day: The ISM services index.

Analysts expect a reading of 52.5, down a hair from 52.6 last month.

The ISM manufacturing report came in earlier this week, but services are expected to be better given the lack of foreign/export exposure.

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Source: http://feedproxy.google.com/~r/businessinsider/~3/JM9EhuM0egU/august-ism-services-2012-9

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