US Services Sector Contracts for the Second Time in Three Months as Orders Sink
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#5e43e797 ver:0.48

The US services sector contracted in June for the second time in three months, indicating an economic slowdown. The Services PMI dropped to 48.8%, lower than expected, with business activity and new orders also contracting. Employment growth is expected to be softer. Inflation is easing, but some commodities have higher costs. #USservices #economiccontraction #inflation...

#newstr #UsServicesSector #Economy #Orders #InstituteForSupplyManagement 

 https://here.news/story/5e43e797?ver=0.48