Markets

US service industry creeps toward growth as lockdowns ease, ISM report shows

The US service industry, easily the biggest component of the nation’s economy, slowed its decline and inched toward growth in May, according to the Institute for Supply Management’s latest report. The organisation’s non-manufacturing index climbed to 45.4 in May from 41.8. Its new orders index rose 9 percentage points to […]
US service industry creeps toward growth as lockdowns ease, ISM report shows