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US service sector maintains strong growth pace in July
The Institute for Supply Management said on Wednesday its nonmanufacturing purchasing managers index inched up to 54.1 last month from 54.0 in June. A reading above 50 indicates growth in the services sector, which accounts for more than two-thirds of U.S. economic activity.
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supplychaindive.com
US manufacturing expands for seventh month in a row: ISM
Prices are “still too high but going in the right direction,” said Susan Spence, chair of the Institute for Supply Management.
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independent.co.uk
UK manufacturing sector reveals slowdown in growth
A rise in new business and export orders helped maintain growing demand and strong production over the month.
