U.S. Service Sector Activity Grows At Faster Rate In January

Indicating a modestly faster rate of growth in U.S. service sector activity in the month of January, the Institute for Supply Management released a report on Wednesday showing an increase by its non-manufacturing index. The ISM said its non-manufacturing index rose to 55.5 in January from a revised 54.9 in December, with a reading above 50 indicating service sector growth.Original Article