June ISM Non-Manufacturing Index 48.2

That compares with 51.0 expected, and a reading of 51.7 the prior month. A reading below 50 indicates contraction.

The prices paid index jumped to 84.5 — a record since the index was first published in 1997 — from 77.0 in May.

New Orders fell to 48.6 from 53.6 and Business Activity was down at 49.9 from 53.6 in May. The Employment index fell to 43.8 from 48.7.

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