The Institute for Supply Management released a report on Monday showing a slowdown in the pace of growth by U.S. service sector activity in the month of March.The ISM said its services PMI slid to 54.0 in March after jumping to 56.1 in February, although a reading above 50 still indicates growth. Economists had expected the index to drop to 54.7.The bigger than expected pullback by the headline in...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.