Although retail gained, economic activity in the services sector contracted in December after 30 consecutive months of growth as the Institute for Supply Management Services Purchasing Managers Index registered 49.6%. In the index, based on a poll of purchasing and...
Although it wasn’t the best month for retail, economic activity in the services sector grew in July for the 26th month in a row, with the Institute for Supply Management Purchasing Managers Index registering 56.7%. Indeed, the July number pushed away from the 50% line...