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.,