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Services sector growth eases in March but is still solid, reports ISM

The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—at 58.3 (a reading of 50 or higher signals growth)—headed up 1.8%, growing, at a faster rate, for the 22nd consecutive month, snapping a three-month stretch of sequential declines. Services sector growth has remained intact for 144 of the last 146 months through March, said ISM.

source https://www.supplychain247.com/article/services_sector_growth_eases_in_march_but_is_still_solid_reports_ism

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