Labor Market Weaker. Supply Side Growth Slower.

PMI Services Index  (September 2015)

– Level  55.1. Previous was 56.1

The Service Sector is growing but at a slower pace.

 
Labor Market Conditions Index (September 2015)

– Index Level 0.  Previous was +1.2.

This would have been a very surprising number before last Friday’s much weaker that expected BLS Employment Situation Report.

 
ISM Non-Manufacturing Index

– Composite Index  56.9. Previous was 59.0.

Again, growing but at a slower pace.