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Services sector expands in September

Posted Oct 5th 2009 4:20PM by Connie Madon (RSS feed)
Filed under: Good news, Products and Services, Industry, Economic Data

We have good news to report. The Institute for Supply Management reported that the services sector index rose to 50.9 in September from a reading of 48.4 in August. A reading above 50 indicates expansion.

The services sector accounts for a majority of economic activity.

The business activity index also rose to 55.5 in September from 51.3 in August. Both readings indicated an expansion of business activity.

Continue reading Services sector expands in September

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Last updated: May 28, 2012: 11:44 PM

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