Growth in the Institute for Supply Management’s non-manufacturing index fell in August to 59 percent — down 1.3 percent from July’s reading but measuring its second-highest level since 2005, the ISM said today. Readings above 50 percent indicate expansion. All of the index’s 10 indicators, and 15 of the 18 industries tracked, saw growth in August.
Growth in the Institute for Supply Management’s non-manufacturing index fell in August to 59 percent -- down 1.3 percent from July's reading but measuring its second-highest level since 2005, the ISM said today. Readings above 50 percent indicate expansion.
Services Growth Eases, Still Strong
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