According to Jinshi, a survey released on Thursday showed that U.S. service industry activity grew faster than expected last month, indicating increased demand in the industry. The U.S. ISM non-manufacturing PMI in September was 54.9, far higher than market expectations, and broke the 50 watershed for the third consecutive month. The new order index jumped more than 6 points, indicating healthy demand for the service industry. In contrast, the employment index fell slightly, indicating some weakness in the industry's job market. Steve Miller, chairman of the ISM service industry survey committee, said supply pricing remains a problem as the supply chain continues to stabilize. Miller also said that the Fed's September rate cut was welcomed by the service industry, but labor costs and availability remain a problem.