Business Services Sector Update: Q3 2017
"The Business Services sector continues to rise on pace with the overall market in Q3 with the exception of two subsectors. The S&P 500 has recorded a gain of 11.6% through the first three quarters of the year, Logistics, Facilities Services, and Business Process Outsourcing have out performed the market, while Environmental Services are not far behind posting 10% gains YTD. Meanwhile, Professional Services and Education & Training have lagged behind with the later posting a loss since the start of the year. Despite lagging the overall market, Professional Services and Education & Training of rebounded well in Q3 after large sell offs in August. Look for the Business Services Sector to continue to largely track the market into the end of the year with Logistics leading the way."