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ISM: Services Sector Returned to Overall Growth in May

ISM: Services Sector Returned to Overall Growth in May

by Mike Duff | Jun 28, 2024 | Retail Articles

The Institute for Supply Management Report On Business for the services industries reported  economic activity in the sector grew in May after contracting in April for the first time since December 2022. The Services Purchasing Managers Index (PMI) registered 53.8%,...
ISM: Economic Outlook Positive but with Lesser Growth

ISM: Economic Outlook Positive but with Lesser Growth

by Mike Duff | May 17, 2024 | Retail Articles

The U.S. economy will continue to expand slowly for the rest of 2024, according to purchasing and supply executives in the Spring 2024 Semiannual Economic Forecast from the Institute of Supply Management.  In the manufacturing sector, the study suggests that revenue...
Services Sector Continues Expansion Despite Lagging Retail

Services Sector Continues Expansion Despite Lagging Retail

by Mike Duff | Feb 6, 2024 | Retail Articles

Economic activity in the services sector advanced in January, reaching 53.4% in the Services PMI index, although retail lagged.  Produced by the Institute for Supply Management, the January purchasing managers index showed services sector expansion for the 13th...
Retail Among Service Sectors That Grew in November

Retail Among Service Sectors That Grew in November

by Mike Duff | Dec 15, 2023 | Retail Articles

The Institute for Supply Management reported economic activity in the services sector, including retail, expanded in November for the 11th consecutive month. The services Purchasing Managers’ Index registered 52.7% in November. Based on a poll of purchasing and...
ISM: Services Purchasing Managers Index Down From June But Sector Still Growing

ISM: Services Purchasing Managers Index Down From June But Sector Still Growing

by Mike Duff | Aug 14, 2023 | Retail Articles

According to the latest Institute for Supply Management Report On Business, economic activity in the services sector, including retail, expanded in July for the sixth consecutive month as the sector’s Purchasing Managers Index registered 52.7% down from 53.9% in June....
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