Page 4 - March Services News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share: The EU April Sentix Investor Confidence printed at 13.1, beating expectations. US Treasury yields edged sharply lower, weighing on the American currency. EUR/USD is technically bullish in the short-term, still depends on the greenback’s behaviour. The American dollar extended its slump this Tuesday, with EUR/USD hitting 1.1873, its highest in two weeks. The pair fell at the beginning of the week as news from China spurred some risk-aversion, but the positive mood resumed with London and accelerated in US trading hours, with government bond yields falling sharply and dragging the gr...

®. The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management ® (ISM ®) Services Business Survey Committee: "The Services PMI ® registered an all-time high of 63.7 percent, 8.4 percentage points higher than the February reading of 55.3 percent. The previous high was in October 2018, when the Services PMI ® registered 60.9 percent. The March reading indicates the 10th straight month of growth for the services sector, which has expanded for all but two of the last 134 months." Nieves continues, "For further historical context, th...

ISM® Construction was the fifth-highest growing sector in the report.  “Residential new home construction demand continues to outpace supply." Construction companies reported the highest price increases for materials and services in March of all 18 services industries. “All-time high” was the buzz phrase in a monthly economic report meeting for industries like construction, rental, warehousing and others. Anthony Nieves, chair of the Institute of Supply Management (ISM ®) Services Business Survey Committee, delivered the March services sector report on April 5. The PMI ®, or th...