Covid-19: US services sector ends decade of growth, contracts in April – survey
WASHINGTON, May 7 (NNN-AGENCIES) — The coronavirus pandemic slammed the US service sector in April, sending it contracting for the first time in nearly 11 years, according to an industry survey. The drop in the Institute for Supply Management’s (ISM) non-manufacturing index — to 41.8 percent from 52.5 percent in…
