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…
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…
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…