ISM: Service Sector Still Grinding Out Growth

ISM: Service Sector Still Grinding Out Growth

According to the Institute for Supply Management, economic activity in the services sector grew in May for the 24th month in a row with the Services Purchasing Managers’ Index registered 55.9%, above the 50% gain/decline line. Retail, however, didn’t fare...
NRF: March Retail Sales Struggle Forward

NRF: March Retail Sales Struggle Forward

Retail sales grew in March, according to the National Retail Federation, even as inflation and other macroeconomic and political events weighed on consumers. Based on just-released United States Census Bureau figures, NRF stated that overall retail sales in March...