Economic activity in the services sector continued to expand in February, say the nation's purchasing and supply executives in the latest ISM® Services PMI® Report. The Services PMI® registered 56.1 percent, its 20th month in a row in expansion territory. The report was issued today by Steve Miller, CPSM, CSCP, Chair of the Institute for Supply Management® (ISM®) Services Business Survey Committee: "In February, the Services PMI® registered a reading of 56.1 percent, an increase of 2.3 percentage points over January's figure of 53.8 percent and the highest since July 2022 (56.5 percent). The Business Activity Index ... (full story)