- The Institute for Supply Management’s composite services index rose an all-time high of 64.1 percent in July, gaining 4.0 points from 60.1 percent in the prior month.
- The business activity index (comparable to the production index in the ISM manufacturing report) increased to 67.0 percent in July, up from 60.4 percent in June, and the third highest on record.
- The services new orders index rose to 63.7 percent from 62.1 percent in June, a gain of 1.6 percentage points from June.
For further details see:
Services Sector Survey Suggests Strong Growth In July