• US services sector reached the highest level since January 2008

Market news

5 August 2014

US services sector reached the highest level since January 2008

The Institute for Supply Management released its services index today. The index increased to 58.7 in July, from 56.0 in June, exceeding expectations for a rise to 56.6. That was the highest level since January 2008.

A figure above 50 indicates expansion.

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