U.S. Services PMI Edges Down to 54.5 in October
The ISM services PMI eased to 54.5 in October from 54.9 in September, indicating slower growth in the U.S. service sector.
WASHINGTON (dpa-AFX) - Service sector growth in the U.S. saw a modest slowdown in the month of October, according to a report released by the Institute for Supply Management on Wednesday.The ISM said its services PMI edged down to 54.5 in October after dipping to 54.9 in September, although a readi…