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ISM Services PMI Rises in January

The economic activity of the United States services sector expanded during January for the eighth consecutive month, according to the latest Services ISM Report on Business, which was released on Wednesday. The report of the Institute for Supply Management (ISM) Services Business Survey showed that the Services purchasing managers’ index …

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U.S. Manufacturing PMI Rises in January

The seasonally adjusted IHS Markit final U.S. Manufacturing Purchasing Managers’ Index (PMI) rose in January to a reading of 59.2 up from 57.1 in December, data showed on Monday. The final reading comes in line with the earlier flash estimate of 59.1. The reading signals a substantial improvement in operating …

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