The Institute for Supply Management’s services index rose to a three-month high of 54.5. Readings above 50 indicate expansion.
June 4, 2026GovernmentBusiness
Service Industry Expands Modestly as Activity Cools
The U.S. service sector expanded only modestly in April according to the Institute for Supply Management, restrained by the weakest pace of business activity in nearly three years.
May 3, 2023GovernmentBusinessEquipmentLogistics
Services Gauge Shrinks Unexpectedly in Worst Slide Since 2020
A U.S. services gauge unexpectedly shrank at the end of 2022, with steep declines in measures of business activity and orders that, if sustained, risk heightening concerns about the demand outlook.
January 6, 2023