Business Activity Index at 56.3%; New Orders Index at 62.6%; Employment Index at 54%; Supplier Deliveries Index at 47.6% TEMPE, Ariz., March 3, 2023 /PRNewswire/ — Economic activity in the services sector expanded in February for the second consecutive month as the Services PMI ® registered 55.1 percent, say the nation’s purchasing and supply executives in the latest Services ISM ® Report On Business ® . The sector has grown in 32 of the last 33 months, with the lone contraction in December. The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management ® (ISM ® ) Services Business Survey Committee: "In February, the Services PMI ® registered 55.1 percent, 0.1 percentage point lower than January’s reading of 55.2 percent. The composite index indicated growth in February for the second consecutive month after a reading of 49.2 percent in December, the first contraction since May 2020 (45.4 percent). The Business Activity Index registered 56.3 percent, a 4.1-percentage point decrease compared to the reading of 60.4 percent in January. The New Orders Index expanded in February for the second consecutive month after contracting in December for the first time since May […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
