ISM non-manufacturing index highlights:
- Prior was 60.3
- Business activity 63.9 vs 64.9 prior
- Prices paid 50.8 vs 53.7 prior (lowest since April)
- New orders 63.4 vs 63.8 prior
- Employment 56.0 vs 59.6 prior
This chart is probably the best argument there is for the Fed hiking rates.