ISM Services Index Stays Hot, Ramping Up Pressure on Fed
The February ISM numbers indicate that January’s strength was not a warm weather one-off.
The February ISM numbers indicate that January’s strength was not a warm weather one-off.
Did the services sector expand or contract in August? It depends on whether you believe the Institute for Supply Management or S&P Global Market Intelligence.
Price growth remains elevated in the services sector even while new orders have gone into contraction.
The year-end slowdown is lasting longer than analysts thought.
All 17 subsectors of the American economy’s services side experienced rising prices in July.
Shortages of supplies and labor are pushing prices higher and stifling growth in the services sector.
The U.S. service sector grew for the ninth consecutive month in February but the pace of growth unexpectedly dipped as companies dealt with severe weather in much of the country.
Signs that the economy is rebounding at a better than expected pace could complicate negotiations over relief legislation in Washington, D.C.
The U.S. services sector grew in August for the third month in a row, according to a survey of business executives. The Institute for Supply Management’s index of activity in the services sector dipped to 56.9, 1.2 percentage poitns lower