ISM Non-Manufacturing Index Fell in November
The ISM Non-Manufacturing Business Index fell to 55.9 in November, 3.2 points below October’s reading. Despite the drop, November marked the 76th consecutive month of growth, as indicated by readings over 50. Twelve non-manufacturing industries reported growth in November, while 6 reported contraction. The Business Activity Index fell 4.8 points to 58.2, yet still registered