(Kitco News) – The U.S. service sector weakened on balance last month with business activity, employment, and price pressures worsening amid tariff worries, according to the latest data from the Institute for Supply Management (ISM).The ISM announced on Tuesday morning that its Services Purchasing Managers Index fell to 50.1 in July, down from June’s reading of 50.8. The data was worse than expected, as economists were looking for a reading of 51.5.
