Services Sector Grew for 9th Consecutive Month in September
Economic activity in the services sector expanded in September for the ninth consecutive month as the Services PMI registered 53.6%, say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®. The sector has grown in 39 of the last 40 months, with
Economic activity in the services sector expanded in September for the ninth consecutive month as the Services PMI registered 53.6%, say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®. The sector has grown in 39 of the last 40 months, with the lone contraction in December 2022.
The September reading was nearly a full point lower than in August, when it registered 54.5%.