ISM services sector index accelerates in December

WASHINGTON (MarketWatch)
Service-sector growth accelerated in December, as the Institute for Supply Management's services sector index climbed to 56.1% from 54.7% in November
Economists polled by MarketWatch had expected a 54.7% reading
The details of the report also were generally good, with the new-orders index climbing by 1.2 percentage points to 59.3% and the employment index climbing 6 percentage points to 56.3% Any reading above 50% indicates expansion