Business Services | Fourth Quarter 2017
February 2018 – For the fourth quarter of 2017, the SCA Business Services Index increased by 6.7% slightly above the increase of 5.7% for the S&P 500. IT Services and IT Consulting (up 8%), continued to outperform all other sub-sectors, driven by continuing demand for IT support services, both domestically and abroad, as well as accelerating M&A activity with the sector. As throughout 2017, investors continue to remain bullish on the outlook for all types of technology-enabled, outsourced services.
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