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Business Services | First Quarter 2016

May 2016 – For the first quarter of 2016, the SCA Business Services Index increased by 6.4% compared to an increase of 2.3% for the S&P 500. While the Business Services Index overall outperformed the broader market, performance among the sectors varied considerably. Marketing Services had a strong quarter driven by a forecast that U.S. media ad spending, will increase by over 15% in 2016. On the other side, Staffing and HR Services underperformed the markets, driven by broad concerns about slowing growth and month-over-month declines in temporary staffing and the temporary staffing penetration rate.

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May 23, 2016