The US services sector experienced growth in January, with new orders and employment rebounding. However, suppliers appeared to fall behind, leading to an 11-month high in input prices. The Institute for Supply Management (ISM) reported that the non-manufacturing PMI increased to 53.4, indicating growth in the services industry, which accounts for over two-thirds of the economy.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.