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U.S. Services Index Edges Slightly Lower In February

Por: RTTNews Business March 03, 2023

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The Institute for Supply Management released a report on Friday showing a very slight slowdown in the pace of growth in U.S. service sector activity in the month of February.The ISM said its services PMI edged down to 55.1 in February from 55.2 in January, although a reading above 50 still indicates growth in the sector. Economists had expected the index to slip to 54.5.Andrew Hunter, Deputy Chief US Economist at Capital Economics, said the dip... + full article



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