Economy
US services activity slows while input prices stay high
The ISM services index eased to 54.5 in October from 54.9, below the 54.8 forecast. Prices paid were 73.0, and ADP reported 86,000 new private jobs.
Source published · In the Daily Brief of 5 November 2026
Filed under Economy
New orders fell to 55.9 from 59.8 and business activity to 53.8 from 56.5, while employment rose to 51.4 from 50.1. Prices paid eased from 74.0, a level investingLive described as extremely elevated.
ADP’s figure beat a forecast of 69,000. Base pay rose 3.2% from a year earlier. Official payrolls for October are due on Friday.