Services Sector Continues To Expand

Washington, DC, Dec. 3, 2010 -- The U.S. services sector continued to expand in November, according to the latest survey by the Institute for Supply Management.

The ISM on Friday said its non-manufacturing index rose to 55% from 54.3% in October, in line with economists' expectations. 

Readings above 50% indicate that more companies are expanding than contracting.