Inside Supply Management Magazine

March / April 2021

February 2021 ISM® Report On Business®: Services

March 10, 2021

In February, the Services PMI® registered 55.3 percent, 3.4 percentage points lower than January figure of 58.7 percent. This reading indicates the services sector grew for the ninth consecutive month after two months of contraction and 123 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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