U.S. service industries grow near fastest pace in a decade

THE U.S. SERVICE INDUSTRIES expanded in February near the fastest pace in at least a decade. / BLOOMBERG FILE PHOTO/LUKE SHARRETT
THE ISM REPORTED that the U.S. services industries grew at nearly the fastest pace in at least a decade, led by education services. The accommodation and food services industries reported contraction in February. / BLOOMBERG FILE PHOTO/LUKE SHARRETT
NEW YORK - U.S. service industries expanded in February near the fastest pace in at least a decade, signaling the economy is on track for steady growth this quarter, according to a survey from the Institute for Supply Management on Monday. Highlights of ISM non-manufacturing (February) Non-manufacturing index eased to 59.5 (est. 59) from 59.9;…

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