The Housing Chronicles Blog: Service sector index dipped 0.7 points in March to 58.8, business conditions remain positive

Wednesday, April 4, 2018

Service sector index dipped 0.7 points in March to 58.8, business conditions remain positive

The NMI® registered 58.8 percent, which is 0.7 percentage point lower than the February reading of 59.5 percent. The cooling off of the New Orders Index possibly prevented an even stronger reading for the overall index. The majority of respondents remain positive about business conditions.

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