Naharnet

U.S. Services Sector Returned to Growth in June

The U.S. services sector grew in June after the coronavirus pandemic caused its steepest-ever contraction the month prior, the Institute for Supply Management said on Monday.

The institute's non-manufacturing index was at 57.1 percent in June, well above expectations and an increase of 11.7 percentage points from May -- the biggest one-month increase ever.

Source: Agence France Presse


Copyright © 2012 Naharnet.com. All Rights Reserved. https://www.naharnet.com/stories/en/273111