Commentary

The U.S. Index of Leading Economic Indicators came in at +0.7% for September, versus +1.4% for August. Also, the NAHB Homebuilder Index came in at a strong level of 85 for October versus 83 for September.

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The U.S. Services Purchasing Managers' Index came in at 54.6 for September, the same level as August. The September ISM Services Index came in at 57.8 versus 56.9 for August.

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The U.S. Purchasing Managers Index came in at 53.5 for September versus 53.1 for August. The Services Index was 54.6 for September versus 55.0 for August.

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