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ISM: Services Sector Expands for 10th Straight Month in April

ISM: Services Sector Expands for 10th Straight Month in April

by Mike Duff | May 14, 2025 | Retail Articles

Economic activity in the services sector increased for the 10th consecutive month in April, with retail among those industries gaining, according to purchasing and supply executives in the United States as polled in the latest Services ISM Report On Business. In...
ISM: Services Sector Expanded in January, Manufacturing Sector Returned to Growth

ISM: Services Sector Expanded in January, Manufacturing Sector Returned to Growth

by Mike Duff | Feb 14, 2025 | Retail Articles

In the Institute Supply Management ongoing survey of purchasing and supply executives, January came in as the seventh straight month of economic expansion in the services sector. The services Purchasing Managers Index registered 52.8%, down 1.2 points from December’s...
Tariff Uncertainty: How the Threat of Higher Duties Is Reshaping U.S. Business Strategies

Tariff Uncertainty: How the Threat of Higher Duties Is Reshaping U.S. Business Strategies

by Chandler Harvey | Jan 29, 2025 | Featured News, Retail Articles

Since the original publishing of the following article, the Trump administration confirmed it is imposing a 25% tariff on Mexican and Canadian imports and a 10% tariff on goods from China, effective February 1, 2025. Although President Donald Trump’s return to...
ISM: Service Sector Continued Expansion in November with Retail Gaining

ISM: Service Sector Continued Expansion in November with Retail Gaining

by Mike Duff | Dec 16, 2024 | Retail Articles

Economic activity in the services sector expanded for the fifth consecutive month in November, according to the Institute for Supply Management’s Report on Business, with retail in positive territory. In its survey of purchasing and supply executives in the United...
ISM: Retail Slowed but Services Sector Grew in July

ISM: Retail Slowed but Services Sector Grew in July

by Mike Duff | Aug 7, 2024 | Retail Articles

Although the retail industry slipped a bit in July, economic activity in the services sector expanded, according to the latest Institute for Supply Management Report On Business. The Purchasing Managers Index is at 51.4%, which represents sector expansion for the 47th...
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