NPR logo Service Sector Grew In February

Economy

Service Sector Grew In February

There was growth in the economy's service sector last month — the second straight increase — according to the Institute for Supply Management.

Its "non-manufacturing index" ticked up 2.5 percentage points in February from January, to a reading of 53%. According to the institute, among the reasons for the rise were increases in orders and employment.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.