FYI: Activity in the services sector continued to accelerate during the month of February as the ISM Non-Manufacturing report rose from 56.5 up to 57.6 and ahead of expectations for a reading of 56.5. February’s reading was the third m/m increase in the last four months, taking the index to its highest level since October 2015. On a combined basis and accounting for each sector’s weight in the overall economy, the ISM reading for February also came in at 57.6, which was the best reading since August 2015.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/services-sector-keeps-on-trucking/
