The Institute for Supply Management's service-sector report typically plays second fiddle to the more-established manufacturing one.
It really ought to be center stage.
And, on Wednesday, this gauge of service-sector activity just may catch the spotlight. The index, which covers everything from retail to construction to transportation, comes two days after the ISM's manufacturing gauge disappointed markets.
Economists expect the July service-sector index to hold roughly steady in July at 53.3, after falling 1.3 points ...
It really ought to be center stage.
And, on Wednesday, this gauge of service-sector activity just may catch the spotlight. The index, which covers everything from retail to construction to transportation, comes two days after the ISM's manufacturing gauge disappointed markets.
Economists expect the July service-sector index to hold roughly steady in July at 53.3, after falling 1.3 points ...