ISM Survey Reports Slowing December Growth

ISM Survey Reports Slowing December Growth (Reuters)

The Institute for Supply Management (ISM) reported a second month of slowing growth in the U.S. services sector, falling to 53 from November’s 53.9. (Anything above 50 represents growth.) Business activity also fell, from 55.5 to 55.2. New order activity contracted, dropping to 49.4, the lowest reading for new orders since May 2009.

Adrienne Minor

Adrienne Minor is an editorial assistant for Eagle Financial Publications. She writes, edits and posts articles for the website, as well as edits and assists in the online distribution of Eagle’s investment newsletters, trading alerts, e-letters and other reports. Adrienne's special investing interests are in mobile technology and consumer spending.

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