Business Services | First Quarter 2015
May 2015 – The SCA Business Services Index significantly outperformed the broader markets in Q1 2015, increasing by 10.2% compared to an increase of 0.5% for the S&P 500. While virtually all subsectors of the SCA Business Services Index outperformed the broader market, the SCA Professional Staffing sector (+14.8%), the SCA HR Services sector (+16.7%) and the SCA IT Consulting sector (+9.8%), each exhibited significant appreciation due to investor expectations for accelerating economic growth in the U.S., a tightening labor supply (particularly among skilled professionals), and increased IT spending driven by corporate demand for productivity gains.
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