International Economic

US services sector activity shrinks very sharply in June, ISM says

By Alexander Bueso

Date: Wednesday 03 Jul 2024

(Sharecast News) - Services sector activity in the US slowed very sharply last month, a closely followed survey showed.
Significantly, many of the survey's respondents referenced the impact of high costs and prices during the month.

The Institute for Supply Management's services sector Purchasing Managers' Index fell from a reading...

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