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Services Expansion Continues in 24th Month
Economic activity in the services sector continued to expand in June, the nation’s purchasing and supply executives say in the latest ISM Services PMI Report. The Services PMI registered 54%, the 24th consecutive month in expansion territory.
The report was issued today by Steve Miller, Chair of the Institute
Manufacturing Activity Expanded in June: ISM
U.S. manufacturing activity remained in expansion territory in June, growing at a slightly slower pace as compared to the month before, the Institute for Supply Management reports.
Of the five subindexes that make up the PMI, the New Orders and Production indexes grew slower as compared to the previous
U.S. Economy Seen Expanding Through 2026: Institute for Supply Management
The U.S. economy continues to battle the headwinds posed by trade issues, continued inflation concerns and geopolitical uncertain. The result, the nation's supply and purchasing execs say, is the U.S. economy is expected to expand for the remainder of 2026.
The forecast is contained in in