Business Services | Third Quarter 2016
November 2016 – For the third quarter of 2016, the SCA Business Services Index increased by 0.9% compared to an increase of 3.1% for the S&P 500. While the overall Business Services sector underperformed relative to the broader market, several sectors outperformed the S&P 500. In particular, marketing services stocks were up 19%, while professional staffing stocks were up 4.6% as concerns about slowing economic growth were mitigated during the quarter.
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