Business Services | Fourth Quarter 2016

March 2017 – For the fourth quarter of 2016, the SCA Business Services Index increase by 2.99% consistent with an increase of 3.59% for the S&P 500. The Business Services sector, like the overall market, was driven by investors’ post-election expectations for accelerating growth under the new administration. In particular, staffing and HR Services, Specialty Consulting and Marketing Services were all trading at near 52-week highs at the end of 2016, as the sectors were poised to benefit from increased hiring and investing from small and mid-sized businesses.
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March 1, 2017