ISM Services Index Increased to 57.8% in September

The September ISM Services index was at 57.8%, up from 56.9% last month. The employment index increased to 51.8%, from 47.9%. Note: Above 50 indicates expansion, below 50 contraction. From the Institute for Supply Management: Services PMI™ at 57.8%; September 2020 Services ISM® Report On Business® Business Activity Index at 63.0%; New Orders Index at 61.5%; Employment Index at 51.8% ; Supplier Deliveries Index at 54.9% Economic activity in the services sector grew in September for the fourth month in a row, say the nation's purchasing and supply executives in the latest Services ISM® Report......(read more)

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