MW: ISM service-sector gauge drops to 53.3% in June
By Jeffry Bartash
WASHINGTON (MarketWatch) - The Institute for Supply Management's services-sector index for June fell to 53.3% from 54.6% in May, the private group reported Wednesday. Economists surveyed by MarketWatch expected the ISM services index to dip to 54.0% last month. Any reading over 50% indicates that more firms are expanding than contracting.
