Activity in the US services sector contracted last month, a first since December 2022, on the back of a cooldown in business and slower growth in orders,
Activity in the US services sector contracted last month, a first since December 2022, on the back of a cooldown in business and slower growth in orders, according to survey data released Friday. The services index of the Institute for Supply Management (ISM) slipped unexpectedly to 49.4 percent in April, dipping below the 50-point mark […]
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https://insiderpaper.com/us-services-activity-shrinks-for-first-time-since-2022-survey/
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