Inside Supply Management Magazine

May/June 2021

March 2021 ISM® Report On Business®: Services

May 11, 2021

In April, the Services PMI® registered 62.7 percent, a 1-percentage point decrease compared to the March figure of 63.7 percent. This reading indicates the services sector grew for the 11th 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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