The U.S. service purchasing managers index registered at 55.1 in February, only slightly lower than the prior month at 55.2. … READ MORE >
Services PMI
U.S. service sector grows, adding pressure on Fed
The Institute for Supply Management’s service index rose in November as business activities increased on the month. … READ MORE >
Chart of the day: Service sector grew more slowly in May
The service sector grew more slowly in May as production and prices cooled, according to a report from the Institute for Supply Management on Friday. … READ MORE >
Service sector moderated amid rising prices and labor crunch
The service sector registered slower growth in February as inflation and labor shortages remained top concerns, according to a report from the Institute for Supply Management on Thursday. … READ MORE >
Chart of the day: Service sector expands at record pace
The shift back to spending on services continued to accelerate in November as the headline purchasing managers’ index for services reached an all-time high, according to data released by the Institute of Supply Management on Friday. … READ MORE >