Activity among U.S. services providers kept growth momentum in June
in a sign that the pandemic reopening boom
The Institute for Supply Management said Wednesday that its index of services
activity fell to 55.3 in June from 55.9 in May,
the lowest level since May 2020. Howeve
the reading came in above the 54.0 consensus forecast
that economists expected in a poll by The Wall Street Journal.
The indicator, which is based on a survey to services providers across the U.S.,