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SOLIConnect Quarterly Updates | Business Services

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Business Services | First Quarter 2022

April 2022 – The SOLIC Business Services Sector Index (“SBSS Index”) declined by 8.2% during Q1 2022 compared to a 4.9% decline by the S&P 500, reflecting growing investor uncertainty about the impact of the war in Ukraine, record inflation and…

Business Services | Third Quarter 2021

November 2021 – After rising over 13% through Q2 2021, the SOLIC Business Services Sector Index (“SBSS Index”) was essentially flat during Q3 2021, increasing 0.7% in Q3 2021 compared to a 6.6% increase for the S&P 500. In particular, concern over the growing…

Business Services | First Quarter 2021

May 2021 – After nine months of uncertainty and unprecedented disruption related to COVID-19, investor demand for Business Services related investments surged in Q1 2021, as expectations of a rapid economic recovery from the vaccine roll-out fueled an outlook for…

Business Services | Third Quarter 2020

November 2020 – The SCA Business Services Index increased by 4.9% in Q3 2020, compared to a 16.5% increase in the S&P 500. While most Business Services sectors experienced a level of stabilization during the quarter, almost every area is adapting to a “new normal” in which year-over-year sales are…

Business Services | Second Quarter 2020

August 2020 – The SCA Business Services Index experienced a modest recovery in Q2 2020, increasing by 24% from its multi-year low after the start of the pandemic in March 2020. However, most subsectors of Business Services remain significantly…

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