US October ISM services 51.8 vs 53.0 expected ...Middle East

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Prior was 53.6Details:employment index 50.2 versus 53.4 priornew orders index 55.5 versus 51.8 priorprices paid index 58.6 versus 58.9 prior new export orders 48.8 versus 63.7 priorimports 60.0 versus 50.6 priorbacklog of orders 50.9 versus 48.6 priorinventories 49.5 versus 54.2 priorsupplier deliveries 47.5 versus 50.4 priorinventory sentiment 54.4 versus 54.8 priorComments in the report:“In general, commodity prices are coming down, but some categories, especially labor, are still elevated and will remain so for the immediate future. Suppliers are citing increased labor costs — wages, salaries and benefits — as the biggest reason for their price increases.” [Accommodation & F

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