US Services Activity Growth Cools In March

Growth in US services activity cooled in March, survey data showed Monday, as companies monitored the higher energy prices stemming from the war in the Middle East — and .braced for supply chain disruptions.

The services index of the Institute for Supply Management (ISM) came in at 54 per cent last month, down from 56.1 per cent in February

While new orders remained resilient, business…