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U.S. Services Index Indicates Modestly Slower Growth In July

Por: RTTNews Business August 03, 2023

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The Institute for Supply Management released a report on Thursday showing a modest slowdown in the pace of growth in U.S. service sector activity in the month of July.The ISM said its services PMI slipped to 52.7 in July from 53.9 in June, although a reading above 50 still indicates growth. Economists had expected the index to edge down to 53.0.The modest decrease by the headline index partly reflected a slowdown in the pace of growth in... + full article



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