ISM reveals the US service sector index rebounds to 56.5 | RYT9

The Institute for Supply Management (ISM) said its service sector index rose to 56.5 in November from 54.4 in October, the lowest level since May. 2020, it was also higher than the expected number of 53.1.

An index above 50 indicates expansion in the service sector.

The report says that US Service Sector Index Supported by Growing Business Activity

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.