ISM services activity firms up in August, hiring still cautious
U.S. ISM services activity perked up in August on seasonal demand, but ISM’s Miller said the employment index remains in contraction as firms are reluctant to hire while coping with rising costs.
ISM’s Miller: Employment Index in Contraction as Firms Reluctant to Hire While Trying to Cope with Impact of Rising Costs(MaceNews) — U.S. services sector activity perked up in August on summer holiday, back to school and other demand but many firms continued to struggle in supply management, hit…