Business Services | Second Quarter 2018

August 2018 – For the Second Quarter of 2018, the SCA Business Services Index outperformed the S&P 500. While the S&P 500 increased by 5.3% despite growing concerns over trade restrictions, the SCA Business Services index was up 8.3%. HR services (up 20.8%) led all sectors followed by Information Services (up 13%) and Marketing Services (up 12.7%). The only sector that substantially underperformed was Professional Staffing (down 8%) which was negatively impacted by concerns about the tight labor market and the ability to fill positions and pass along rising salary and benefit costs.

(Please continue reading by downloading the full report.)

August 3, 2018