US services sector grows for seventh consecutive month
The Institute for Supply Management has reported that its index of services activity grew slightly to a reading of 57.2 last month, from a reading of 55.9 in November. Readings above 50 represent expansion in services industries such as restaurants and bars, retail stores and delivery companies.
By THE ASSOCIATED PRESS
The U.S. services sector, where most Americans work, grew for the seventh consecutive month in December even as coronavirus cases surged through
Respondents to the December ISM survey continued to express anxiety about the ongoing ramifications of COVID-19. The U.S. recorded nearly 4,000 COVID-19 deaths in a single day, the most ever.