US Service Sector Growth Hits 8-1/2 Year High in July


ISM non-manufacturing index rose to 58.7 in July from 56 in June, the highest since December 2005. The number was boosted by growth in business activity, new orders and employment.

Non-manufacturing business activity increased to 62.4, the highest since February 2011, from 57.5 in June. The new orders index jumped to 64.9, the highest since August 2005, from 61.2 in June. Employment rose to 56, a six-month high, from 54.4.


US Service Sector Growth Hits 8-1/2 Year High in July


ISM | anna@tradingeconomics.com
8/5/2014 3:13:57 PM