Weekly Economic & Financial Commentary: Reopening Boom, while Supplies Last
By Alvarez in Business
Updated 3 years ago
This week’s economic data kicked off with a bang. The ISM Services Index jumped to 63.7, signaling the fastest pace of expansion in the index’s 24-year history. The strong report came with some caveats, however, as the headline was propped up by lengthened supplier delivery times. Predictably, given the disruptions...