Inside Supply Management Magazine

September / October 2020

September/October 2020 ISM® Report On Business®: Services

September 15, 2020

In August, the Services PMI ™ registered 56.9 percent, 1.2 percentage points lower than July’s figure of 58.1 percent. The reading indicates the services sector grew for the third consecutive month after two months of contraction and 122 months of growth before that. A reading above 50 percent indicates the services sector economy is generally expanding; below 50 percent indicates the services sector is generally contracting.


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