11/5/2019, 4:00 PM (Source: TeleTrader)
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ISM: US service sector growth improves in October

Following a tough month, the United States service sector saw improvement in October, according to the latest survey from the Institute for Supply Management released on Tuesday.

The ISM non-manufacturing activity index climbed to 54.7% in October, up 2.1% from September's reading and above expectations.

The business activity index rose 1.8% to 57% last month, while the employment index increased by 3.3% to 53.7%.

Breaking the News / JC