MW: ISM services sector index accelerates in December
By Steve Goldstein
WASHINGTON (MarketWatch) -- Service-sector growth accelerated in December, as the Institute for Supply Management's services sector index climbed to 56.1% from 54.7% in November. Economists polled by MarketWatch had expected a 54.7% reading. The details of the report also were generally good, with the new-orders index climbing by 1.2 percentage points to 59.3% and the employment index climbing 6 percentage points to 56.3%. Any reading above 50% indicates expansion.
