October Services PMI Rises to 52.4 as Growth Picks Up
The U.S. services sector returned to growth in October, according to the latest Services ISM Report on Business. The index rose to 52.4, up from September’s 50.0 reading, signaling expansion after a brief pause. What’s Related ISM Chair Steve Miller said the uptick reflects “positive signs” in activity and new orders, even as employment remains […]