Economic activity in the US nonmanufacturing sector decelerated slightly in February, according to the Institute for Supply Management’s nonmanufacturing index, released today.

ISM’s nonmanufacturing index edged down in February to a reading for 59.5 from January’s reading of 59.9. Readings above 50 generally indicate improving conditions.

The employment portion of the index decreased in February to 55.0 from the seasonally adjusted January reading of 61.6.

“The nonmanufacturing sector reflected the second consecutive month of strong growth in February,” said Anthony Nieves, chair of the ISM’s Nonmanufacturing Business Survey Committee. “The decrease in the Employment Index possibly prevented an even stronger reading for the NMI composite index. The majority of respondents continue to be positive about business conditions and the economy.”