Demand rebounds, US February ISM Non-Manufacturing Activity sees largest expansion since 2022

The Institute for Supply Management (ISM) in the United States reported that its Services Index rose by 2.3 points to 56.1, exceeding the expectations of all surveyed analysts. This survey highlights the broad strength of the largest economic sector in the U.S. prior to the country's strike against Iran. The increase in demand has helped drive employment in the services sector, resulting in its best growth in a year. Expand