Services Sector Still Strong, But Growth Cools in November

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00001918-services-sector-still-strong-but-growth-c/

By Rex Nutting, MarketWatch

Growth was robust in November in the U.S. nonmanufacturing sectors, the Institute for Supply Management said Monday.

The ISM nonmanufacturing index fell to 58.5% in November from 60% in October, the private group said.

The index was “high by historical standards and at a level consistent with a solid pace of economic growth,” said Michael Moran, chief economist for Daiwa Securities America.

For this complete story, please visit Services Sector Still Strong.

Services Sector Still Strong, But Growth Cools in November

Unknown Author

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