Economic good news! Service industry up 10 percent to pre-recession levels
Service-related economic activity experienced a big uptick between September and October, rising 10.6 percent to a level higher than at any point in 2008 or 2009.
Yesterday, the Institute for Supply Management released their latest Non-Manufacturing Report on Business indicating that service related economic activity continued to expand with a notable tick up in business activity in October.
At 58.40 the business activity index improved increasing 10.61% since September and rising 8.15% above the level seen a year earlier.
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