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U.S. service sector activity index jumps to record high in March: ISM survey

U.S. service sector activity index jumps to record high in March: ISM survey
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Last Updated: Apr 05, 2021, 08:02 PM IST
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The Institute for Supply Management (ISM) said on Monday its non-manufacturing activity index rebounded to a reading of 63.7 last month also lifted by warmer weather. That was the highest in the survey s history and followed 55.3 in February.
Reuters
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A measure of U.S. services industry activity surged to a record high amid robust growth in new orders, in the latest indication of a roaring economy that is being boosted by increased vaccinations and massive fiscal stimulus. ....

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