Investing.com - The Institute of Supply Management non-manufacturing purchasing managers’ index rose more-than-expected in the last quarter, official data showed on Tuesday.
In a report, Institute for Supply Management said that ISM Non-Manufacturing PMI rose to a seasonally adjusted annual rate of 58.7, from 56.0 in the prior quarter.
Analysts had expected ISM Non-Manufacturing PMI to rise to 56.3 in the last quarter.