Thanks to a boost in new orders, CNBC reports that the U.S. service sector grew at its fastest rate in 10 months in December.
CNBC cites statistics from the Institute for Supply Management stating that its service index rose to 56.1 in December from 54.7 in November. This reading was the highest since February 2012, CNBC said.
Per CNBC:
"New orders rose for a second straight month, with the sub-index hitting a 10-month high of 59.3 in December after 58.1 the prior month. The employment index jumped to 56.3, the highest since March. It stood at 50.3 in November."
Read the full story here.
Latest from Pest Control Technology
- How to Take Advantage of Networking in the Pest Control Industry
- Rat Damage to Vehicles Rises as Temperatures Grow Colder
- CSI: Termites
- Drowning in the Details? Seven Steps to Overcoming the Urge to Micromanage
- Ground Dove Population Increases on Ulong Island Following Removal of Invasive Rats
- Miller Pest Solutions Promotes Keith Johnson to External Operations Director
- Anticimex Carolinas Family of Brands Sponsors Salvation Army Angel Tree Program
- Guest Feature: Insight Canada’s Path to Sustainable Success in Quebec
