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10:01 U.S. ISM new orders 55.4% vs. 55.6% Dec.
U.S. ISM employment 51.7% vs. 53.2% Dec.
U.S. Jan. ISM services 59.0% vs. 56.7% December
U.S. Jan. ISM services 59.0% vs. 57.0% expected

By Rex Nutting Last Update: 10:04 AM ET Feb 5, 2007
WASHINGTON (MarketWatch) -- The services sectors of the economy grew for the 46th consecutive month in January at a slightly faster pace than in December, the Institute for Supply Management reported Monday.
The ISM nonmanufacturing index rose to 59.0% from 56.7% in December.
Economists were expecting an increase to 57.0%. Readings over 50% in the diffusion index indicate growth in the sector.
The new orders index was essentially flat at 55.4% vs. 55.6% in December.
The employment index fell to 51.7% from 53.2%.
The prices paid index fell to 55.2% from 59.&% in December .