WASHINGTON, D.C.: The US service sector slowed for the second straight month in October, but employment growth accelerated, the Institute for Supply Management said on Wednesday.

The ISM’s purchasing managers index for the non-manufacturing sector fell to 57.1 in October from 58.6 in September, after hitting the highest reading of the year at 59.6 in August.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details