03 Aug 2023 | 13:55
US services sector activity lows slightly in July, ISM says
(Sharecast News) - Activity in US services slowed modestly last month, the results of a closely followed survey revealed.
The Institute for Supply Management's services sector Purchasing Managers' Index slipped from a reading of 53.9 for June to 52.7 in July.
Economists had penciled in a print of 53.0.
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