Service-oriented U.S. businesses grow faster in October as China tensions ease
November 05, 2019 at 10:30 AM EST
The service side of the U.S. economy rebounded in October a month after growth tapered off to a three-year low, aided in part by lower trade tensions between the U.S. and China. The Institute for Supply Management’s said its non-manufacturing index rose to 54.7% from 52.6%.