Economic activity in the services sector expanded in June for the sixth consecutive month as the Services PMI® registered 53.9 percent, say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®. The sector has grown in 36 of the last 37 months, with the lone contraction in December of last year. 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 June, the Services PMI® registered 53.9 percent, 3.6 percentage points higher than May's reading of 50.3 percent. The ... (full story)