Services Sector Growth Slows Slightly in June

Tempe, AZ, July 3, 2014 -- Growth in the services sector of the economy slowed slightly in June, according to the Institute for Supply Management services index.

The index fell to 56 in June from 56.3 in May.

Any reading above 50% indicates expansion. The new orders index rose to 61.2 from 60 and the employment index rose 2 points to 54.