ISM: Non-Manufacturing Index Grew in September
The Non-Manufacturing ISM Report on Business Index rose to 59.1 in October, up 2.2 points from September’s reading. Readings above 50 indicate growth in the sector. Fourteen non-manufacturing industries reported growth in October, while only the mining industry reported contraction. The Business Activity Index increased 2.8 points to 63.0, marking the 75th consecutive month of