The latest measure of U.S. services activity came in below expectations Thursday, adding further to worries about a sustained slowdown in the economy. The Institute of Supply Management said its non-manufacturing index fell to its lowest level since August 2016. That comes on the heels of its manufacturing measure hitting a 10-year low.
- The PMI came in lower than the expectations of analysts, who expected a drop to 55, according to forecasts compiled by .
