US Services Sector Grows Steadily Despite January Dip
The ISM report indicates that U.S. non-manufacturing activity slowed in January but remained in expansion territory. The NMI index slightly decreased, but the employment market remained strong. Government shutdowns introduced uncertainty, requiring businesses to adopt a cautiously optimistic approach and proactively respond to market changes. While the pace of growth moderated, the overall outlook suggests continued expansion in the non-manufacturing sector, albeit with potential headwinds.
