The component of employment of index ISM Non-Manufacturing USA in may has grown substantially



According to a report by the Institute for supply management (Institute for Supply Management) employment component of the index of business activity in the non-manufacturing sector of the USA (ISM Non-Manufacturing) in may increased to 57.8% vs 51.4% a month earlier.

Thus, the index continued to fluctuate above the threshold mark of 50%, which separates economic growth from recession.

Recall that the non-manufacturing sector or service sector of the US is responsible for creating 2/3 of the country’s GDP. In the service sector employs about 80% of the working population.




The component of employment of index ISM Non-Manufacturing USA in may has grown substantially 05.06.2017

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