Inside Supply Management Magazine
September / October 2020
Articles
September/October 2020 ISM® Report On Business®: Services
September 15, 2020
In August, the Services PMI ™ registered 56.9 percent, 1.2 percentage points lower than July’s figure of 58.1 percent. The reading indicates the services sector grew for the third consecutive month after two months of contraction and 122 months of growth before that. A reading above 50 percent indicates the services sector economy is generally expanding; below 50 percent indicates the services sector is generally contracting.
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