Services PMI® at 50.6%; December 2023 Services ISM® Report On Business® ...Middle East

Business Activity Index at 56.6%; New Orders Index at 52.8%; Employment Index at 43.3%; Supplier Deliveries Index at 49.5% TEMPE, Ariz., Jan. 5, 2024 /PRNewswire/ — Economic activity in the services sector expanded in December for the 12th consecutive month as the Services PMI® registered 50.6 percent, say the nation’s purchasing and supply executives in the latest Services ISM® Report On Business®. The sector has grown in 42 of the last 43 months, with the lone contraction in December 2022. 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: “In December, the Services PMI® regis

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