The Institute for Supply Management reported that the services index increased 1.7 to 53.2 in September, an increase from what economists expected. The services sector accounts for more than two-thirds of U.S. economic activity. A reading above 50 indicates expansion. The report also indicated an increase in employment to 50.2 in September, up from 48.2 in August. New orders also increased to 54.9 from 52.4. This is a good sign for the economy as we go into the holiday season.