The service sector index issued by the Institute of Supply Management (ISM) recorded a growth of about 60.1 points in June, about 3.9 points less compared to the reading in May and less than the market expectations, which indicated that it recorded a growth of about 63.4 points, affected by the shortage of labor and raw materials with the reopening of the American economy and the lifting of restrictions related to the Corona virus. about companies.

In details, 16 service industries recorded growth in June, such as the transportation and storage sectors, wholesale and retail trade, food services, educational services, mining and construction, in addition to the health care sector, while the real estate and rental sectors declined.

The business activity index rose by 60.4%, while the new orders index rose by 62.1%, and the employment index rose to 49.3%.