US Services Activity Expands in February as Demand Grows
Market Intelligence Analysis
AI-PoweredUS service economy expanded in February at the fastest pace since mid-2022, driven by increased demand, exceeding all economist projections.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
The US service economy expanded in February at the fastest pace since mid-2022, as the Institute for Supply Management’s services index rose 2.3 points to 56.1, exceeding all projections in a Bloomberg survey of economists. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
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