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US Services PMI at 52.6%; February 2024 Services ISM Report On Business
Economic activity in the services sector expanded in February for the 14th consecutive month as the Services PMI® registered 52.6 percent, say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®. The sector has grown in 44 of the last 45 months, with the lone contraction in December 2022. The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management® (ISM®) Services Business Survey Committee: "In February, the Services PMI® registered 52.6 percent, 0.8 percentage point lower than January's reading of 53.4 ... (full story)
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US ISM Services Index Feb: 52.6 (est 53.0; prev 53.4)
— LSTrade (@LSTrade2) March 5, 2024
- ISM Services Prices Paid Feb: 58.6 (est 62.0; prev 64.0)
- ISM Services Employment Feb: 48.0 (est 51.4; prev 50.5)
- ISM Services New Orders Feb: 56.1 (est 54.4; prev 55.0)
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