Home » Topics » ISM

Growth in U.S. service sector jobs slows

Growth in the huge US services sector slowed in March, amid uncertainty about the direction of the economy, the Institute for Supply Management said Wednesday. The ISM non-manufacturing purchasing managers index fell to 54.4, down from 56 in February, indicating a slightly slower rate of growth in the sector that…

U.S. services sector growth picks up in May

WASHINGTON — Growth in the massive US services sector picked up momentum in May amid improved optimism about the economy, a closely watched purchasing managers survey showed Tuesday. The Institute for Supply Management’s services index rose to 53.7 percent from 53.5 percent in April, indicating a slightly faster growth rate…

U.S. service sector slows in November

Growth in the US service sector slowed in November from the previous month, underscoring the easing trend since the beginning of the year, according to a closely watched index released Monday. The Institute of Supply Management said that service sector purchasing and supply executives reported a rise in new orders…