US Services Sector Growth Slows Amid Economic Uncertainty
TL;DR
US services activity expanded at its slowest pace in three months in November, as indicated by the Institute for Supply Management's index dropping to 52.1. This suggests a loss of momentum in the largest part of the economy, with demand and employment growth also slowing.
Topics:top-newseconomy#economic-slowdown#economy#employment-growth#ism-index#services-sector#us-economy
- US Services Activity Expands at Slowest Pace in Three Months Bloomberg
- ISM Services Report Is Soft, But Here's What Might Give The Fed Pause Investor's Business Daily
- US services sector cools in November; prices stay elevated Reuters
- Economy cools off after election, ISM finds. Businesses anxious about Trump’s economic plans. MarketWatch
- Services PMI® at 52.1%; November 2024 Services ISM® Report On Business® PR Newswire
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