
US services sector booms to record high in March
CNN
Spring has arrived, and America's services sector is positively booming.
As some pandemic restrictions are relaxed and vaccines are put in more arms, pent-up consumer demand is getting released — and that's helping economic activity in the services sector roar back, according to the Institute for Supply Management's monthly report. For March, the group's index jumped to the highest level ever recorded: 63.7, easily beating economists' expectations.More Related News