USA: The ISM services index accelerated in July, contrary to expectations


USA: The ISM services index accelerated in July, contrary to expectations |  Photo credits: Ludovic Bertron / Creative Commons

USA: The ISM services index accelerated in July, contrary to expectations | Photo credits: Ludovic Bertron / Creative Commons

Aug 3 (Reuters) – Growth in U.S. service sector activity accelerated in July, the Institute for Supply Management (ISM) monthly survey released on Wednesday showed.

The ISM services index rose to 56.7 from 55.3 the previous month. Economists polled by Reuters on average expected a slowdown to 53.5. (Written by Olivier Cherfan, edited by Jean-Stéphane Brosse)





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