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Service Industries in U.S. Grow by Most in at Least 10 Years
Monday, 5 February 2018 22:13 WIB | ECONOMY |Ekonomi AS

America service industries expanded in January at the fastest pace in at least a decade as a surge in orders led to a pickup in hiring, figures from the Institute for Supply Management showed Monday.

Factory index jumped to 59.9 (est. 56.7), exceeding all forecasts in a Bloomberg survey, from 56; readings above 50 indicate expansion.

Employment gauge rose to 61.6, the strongest in records to July 1997, from 56.3.

Measure of new orders surged to a seven-year high of 62.7 last month from 54.5.

Source : Bloomberg

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