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United States ISM Services PMI came in at 51.4, below expectations (52.7) in March

United States ISM Services Prices Paid: 53.4 (March) vs previous 58.6

United States ISM Services Prices Paid: 53.4 (March) vs previous 58.6
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US ISM Services PMI declines to 51.4 in March vs. 52.7 expected

Business activity in the US service sector continued to expand in March, albeit at a more moderate pace than in February, with the ISM Services PMI edging lower to 51.4 from 52.6.
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