Open Demo Account
Home / Market Update / US Service Sector Slows in October

US Service Sector Slows in October

M. Ali 4 November, 2020 8:20 pm Market Update

The Institute for Supply Management’s (ISM) services index decreased in October to 56.6 from 57.8 in September, data showed on Wednesday.

This is the lowest expansion for the United States services sector in five months, as the economy recovers from the impact of the COVID-19 pandemic.

Tags

Check Also

Oil Prices Slip Amid Trade Concerns, U.S. Tariff Uncertainty, and Potential Output Hikes

Oil prices experienced a slight dip on Thursday, following a 3% gain in the previous …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends