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https://finance.yahoo.com/news/us-services-gauge-f...
The Institute for Supply Management’s index of services dropped 2 points to 50, a level that indicates stagnation, the group said Friday. The figure was weaker than all estimates in a Bloomberg survey of economists
Per Google AI the ISM represents 80% of the US economy.
We unofficially are entering a recession. This will get much worse. Get ready for depression word.
Google AI
in a reasonable dose....
The Institute for Supply Management (ISM) releases monthly reports that cover the manufacturing and services sectors, which together comprise the vast majority of the U.S. economy. While the services sector accounts for roughly 80% of the U.S. economy, the manufacturing sector, though smaller, is still considered a crucial indicator.
