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Concurrently, the generously subsidized homeowner sector expanded.
Any reading over 50 shows the sector expanded.
But the service sector expanded at a slower pace.
If the number is larger than 50, then the sector expanded.
Any number above 50 shows the sector expanded, while a number below shows it is shrinking.
The services sector expanded at its fastest rate in three years in August.
That is partly because the private sector expanded rapidly during the 2004-08 oil boom.
A reading over 50 percent means the manufacturing sector expanded for the 24th consecutive month.
The manufacturing sector expanded at an annual rate of nearly 6% according to the latest data.
Last week, purchasing managers said the manufacturing sector expanded in May, but not as fast as previously.
Any reading over 50 shows the sector expanded, and 57.3 is the highest reading since last November.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com