Service sector slows, employment falls as tariffs take hold: ISM survey
CFO Dive
AUGUST 5, 2025
Finance, transportation, wholesale trade and eight other service industries grew in July while seven shrank, including food services and accommodation, construction and mining, the ISM found in a monthly survey. Anna Moneymaker / Staff via Getty Images Dive Brief: Growth in the U.S. Unemployment increased 0.1 percentage point to 4.2%.
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