What was the market primarily looking for in the PMI numbers?
U.S. ISM Services Index Plummets to Three-Year Low

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A stable new orders index
An increase in employment figures
A drop in the ISM non-manufacturing index
A rise in the ISM manufacturing index
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is the services industry significant in the economic context discussed?
It is twice the size of the factory industry
It is smaller than the factory industry
It has no impact on the PMI
It is unaffected by economic slowdowns
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What concern does Charlie Evans raise about the US consumer?
The US consumer is unaffected by market changes
The US consumer is spending too much
The US consumer is holding up well
The US consumer might become a problem
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the significance of the jobless claims data?
They are extraordinarily high
They have no impact on consumer confidence
They have been decreasing for three weeks
They have been marginally increasing
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might the stock market's performance affect consumer confidence?
It stabilizes consumer confidence
It might lower consumer confidence
It boosts consumer confidence
It has no effect on consumer confidence
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