Data firm IHS Markit said on Monday its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, fell to 55.4 - the lowest since last December - from 59.9 in July. A reading above 50 indicates growth in the private sector.
The IHS Markit survey's flash services sector PMI fell to a reading of 55.2 from 59.9 in July. Economists polled by Reuters had forecast a reading of 59.5 this month for the services sector, which accounts for more than two-thirds of U.S. economic activity. IHS Markit's measures of prices paid by services companies and manufacturers both rose, with factory input prices hitting another record high.