U.S. service sector slows; input prices measure at record high - ISM survey - Reuters.com


5/4/2022 12:00:00 AM3 yearsago

U.S. services industry growth unexpectedly slowed in April, with employment contracting for the second time this year, while a measure of input prices raced to a record high.

WASHINGTON, May 4 (Reuters) - U.S. services industry growth unexpectedly slowed in April, with employment contracting for the second time this year, while a measure of input prices raced to a record … [+2603 chars]

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