Economic activity in the services sector contracted in April for the first time since December 2022, ending a period of 15 consecutive months of growth, according to the latest ISM Report On Business. The services PMI registered 49.4%, indicating sector expansion in 45 of the previous 47 months. read more
MAY 6, 2024 - 6:58 am
Economic activity in the services sector expanded in February for the 14th consecutive month as the Services PMI registered 52.6%, according to the Institute for Supply Management. The sector has grown in 44 of the last 45 months, with the lone contraction in December 2022. read more
MAR 11, 2024 - 6:31 am
Economic activity in the services sector expanded in October for the 10th consecutive month as the Services PMI registered 51.8%, according to the latest Services ISM Report on Business from the Institute for Supply Management. read more
NOV 6, 2023 - 6:10 am
Economic activity in the services sector expanded in September for the ninth consecutive month, according to the latest Services ISM Report on Business from the Institute for Supply Management. The sector has grown in 39 of the last 40 months, with the lone contraction in December 2022. read more
OCT 9, 2023 - 7:03 am
Economic activity in the services sector expanded in July for the seventh consecutive month, as the Services PMI registered 52.7%, according to the Institute for Supply Management. The sector has grown in 37 of the last 38 months, with the lone contraction in December of last year. read more
AUG 4, 2023 - 7:11 am
According to the latest Services ISM Report on Business from the Institute for Supply Management, economic activity in the services sector expanded in June for the sixth consecutive month as the Services PMI registered 53.9%. read more
JUL 7, 2023 - 6:59 am
According to the Institute for Supply Management’s latest service report, economic activity in the services sector expanded in March for the third consecutive month, as the Services PMI registered 51.2%. The sector has grown in 33 of the last 34 months, with the lone contraction during that span in December. read more
APR 6, 2023 - 6:55 am
Economic activity in the services sector grew in January after contracting in December following 30 consecutive months of growth, with the Services PMI registering 55.2%, according to the latest Services ISM Report On Business from the Institute for Supply Management. read more
FEB 6, 2023 - 7:11 am
Economic activity in the services sector contracted in December after 30 consecutive months of growth, with the Services PMI registering 49.6%, according to the latest Services ISM Report on Business from the Institute for Supply Management. read more
JAN 9, 2023 - 7:17 am
According to the the latest Institute for Supply Management Report On Business, economic activity in the services sector grew in September for the 28th month in a row — with the Services PMI registering 56.7%. read more
OCT 6, 2022 - 7:28 am
Economic activity in the services sector grew in May for the 24th month in a row, with the Services PMI registering 55.9%, according to the latest Services ISM Report on Business from the Institute for Supply Management. read more
JUN 6, 2022 - 7:41 am
The U.S. economy will continue to expand for the rest of 2022, according to the Institute for Supply Management’s spring 2022 semiannual economic forecast. read more
MAY 25, 2022 - 7:39 am
According to the Institute for Supply Management, economic activity in the services sector grew in February for the 21st month in a row despite what Anthony Nieves, chair of the ISM’s services business survey committee, called a “pullback” in some indexes. read more
MAR 4, 2022 - 6:26 am
Economic activity in the services sector grew in November for the 18th month in a row, with the Services PMI setting a record for the fifth time in 2021, according to the Institute for Supply Management’s Services Report on Business for November. read more
DEC 9, 2021 - 6:21 am
Economic activity in the services sector grew in September for the 16th month in a row, according to the Institute for Supply Management, although Anthony Nieves of the ISM noted that, “ongoing challenges with labor resources, logistics and materials are affecting the continuity of supply.” read more
OCT 7, 2021 - 6:08 am