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Trade Policy & Tariffs
Moderate

Services Expand in October Despite Tariff and Supply Chain Headwinds

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The signal

The ISM reported that the services sector continued to expand in October, demonstrating underlying economic resilience.

However, the report highlights that supply chain pressures and tariff concerns remain significant headwinds affecting business operations.

These dual dynamics create a mixed outlook for supply chain professionals, with growth tempered by ongoing operational and policy uncertainties.

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