International Economic

US services sector activity slows in March with hiring softening, ISM says

By Alexander Bueso

Date: Thursday 03 Apr 2025

(Sharecast News) - Services sector activity in the US slowed last month, resulting in a sharp decline in hiring, the results of a closely followed survey revealed.
The Institute for Supply Management's services sector Purchasing Managers' Index retreated from a reading of 53.5 for February to 50.8 in March.

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