November's U.S. services sector activity came in softer than anticipated. The latest PMI reading hit 54.1, falling short of both the forecast and October's 55.0 mark. While still in expansion territory, the slowdown signals cooling momentum in America's dominant economic engine—a data point worth watching for macro traders.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
ChainWatchervip
· 1h ago
Here we go again, the US service sector is starting to weaken... Is this round of recession coming or not?
View OriginalReply0
SerumSquirrelvip
· 2h ago
The service sector has cooled down, and this round of data is indeed a bit disappointing.
View OriginalReply0
ImpermanentSagevip
· 5h ago
The Fed must be crying; the economic engine is having trouble starting up.
View OriginalReply0
SignatureAnxietyvip
· 12-05 05:38
The service sector is about to falter, 54.1 can't hold up at all, macro traders must be getting anxious.
View OriginalReply0
ChainWanderingPoetvip
· 12-03 15:15
The services PMI has fallen short again. The Fed probably can't hold on much longer, right?
View OriginalReply0
MetamaskMechanicvip
· 12-03 15:14
The service sector has declined, so now macro traders have work to do again.
View OriginalReply0
TradFiRefugeevip
· 12-03 15:02
Service sector data disappointed again; this soft landing might not be so soft after all.
View OriginalReply0
DaoGovernanceOfficervip
· 12-03 14:59
lol services PMI miss is basically what happens when you don't have proper incentive alignment—macro edition. the data literally screams "governance failure" if you squint hard enough. anyway this 54.1 print is giving voter apathy energy, ngl
Reply0
JustAnotherWalletvip
· 12-03 14:52
The service sector is cooling down... What do you think about this wave of bearish sentiment?
View OriginalReply0
View More
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)