Summary of the Article
In addition to hotels, restaurants and wholesalers, the sectors reporting growth include real estate, utilities, agriculture and financial sectors. Activity …[otw_is sidebar=otw-sidebar-1]
By JOSH BOAK
AP Economics Writer
WASHINGTON (AP) – U.S. services firms’ activity rose at a slightly faster rate in February, powered by hotels, restaurants and wholesalers.
The Institute for Supply Management said Wednesday that its services index rose to 56.9 in February, up from January’s reading of 56.7. Any reading over 50 indicates expansion.