Service Industries in U.S. Kept Expanding in March: Economy
This article is for subscribers only.
Service industries in the U.S. grew in March, capping the strongest quarter in a year and indicating the world’s largest economy will keep generating jobs.
The Institute for Supply Management’s non-manufacturing index fell to 56 from a one-year high of 57.3 in February, the Tempe, Arizona-based group’s data showed today. Last month’s reading still topped the average for the previous economic expansion. Another report showed companies added an estimated 209,000 workers to payrolls in March.