The ISM Non-Manufacturing Index, which looks at the broad-based service sector, rose to its best reading since prior to the start of the recession.
At 53.0 – a level above 50 suggests growth while a level below 50 indicates contraction – the survey reveals that the service sector is in an upward trend, alleviating some of the concerns that harsh weather had stymied economic activity in February.
A more detailed look is available at Examiner.com.
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