Skip to main content

Services economy output grows in October while declining sequentially, reports ISM

The Services PMI—at 54.4 (a reading of 50 or higher signals growth)—fell 2.3% compared to September, growing, at a slower rate, for the 29th consecutive month, with services sector growth intact for 151 of the last 153 months through October. What’s more, the October Services PMI reading came in at its lowest level going back to May 2020’s 45.2.

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

Comments

Popular posts from this blog

The Benefits of Lithium-ion Batteries to a Lift Truck Fleet Operation

In this podcast, group editorial director Michael Levans is joined Robin Schneider, PhD, director of marketing at Green Cubes Technology. source https://www.supplychain247.comhttps://www.supplychain247.com/article/the_benefits_of_lithium_ion_batteries_to_a_lift_truck_fleet_operation

6 Reasons CPG Companies Turn To Demand Signal Management Solutions

In this eBook, we demonstrate the business value of implementing a demand signal management solution for CPG companies. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/6_reasons_cpg_companies_turn_to_demand_signal_management_solutions