US Services Sector Contracts for the Second Time in Three Months as Orders Sink
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#5e43e797 ver:0.49

The US services sector contracted in June for the second time in three months, indicating an economic slowdown. The ISM services PMI dropped to 48.8%, with declining business activity and new orders. Stagnant or declining conditions and inflationary pressures were cited as challenges. Employment growth is expected to soften, and policymakers will closely monitor these trends for potential policy responses. #USservices #economiccontraction #inflationarypressures...

#newstr #UsServicesSector #Ism #EconomicActivity #Contraction #IsmServicesPmi 

 https://here.news/story/5e43e797?ver=0.49