Mumbai, Nov. 5 -- Growth in activity in the United States services industry continued in October, the Institute for Supply Management (ISM) reported on Wednesday. ISM Services Purchasing Managers' Index (PMI) stood at 54.5% in October, down by 0.4 percentage point compared to the month before.
The Business Activity Index declined by 2.7 percentage points to 53.8%, while the New Orders Index fell by 3.9 percentage points to 55.9%. The Employment Index rose by 1.3 percentage points to 51.4%, remained in expansion territory. The Prices Index fell by 1 percentage points to 73%.
Published by HT Digital Content Services with permission from Capital Market....