ISM: Services Sector Gained in July Versus June

ISM: Services Sector Gained in July Versus June

Although it wasn’t the best month for retail, economic activity in the services sector grew in July for the 26th month in a row, with the Institute for Supply Management Purchasing Managers Index registering 56.7%. Indeed, the July number pushed away from the 50% line...
ISM: Service Sector Still Grinding Out Growth

ISM: Service Sector Still Grinding Out Growth

According to the Institute for Supply Management, economic activity in the services sector grew in May for the 24th month in a row with the Services Purchasing Managers’ Index registered 55.9%, above the 50% gain/decline line. Retail, however, didn’t fare...

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