The U.S. services sector has steadily expanded this year, even as trade fears drag down manufacturing. The Institute for Supply Management’s (ISM) non-manufacturing (services) Purchasing Managers’ Index (PMI) climbed to 54.7 in October, its 117th straight month in expansionary territory (above 50). As shown in the LPL Chart of the Day, in recent months ISM’s […]
Steady Services Activity
