February 2016 – After a substantial number of new private equity investments into the Business Services sector during the first three quarters 2015, the fourth quarter saw a wave of strategic consolidation. In particular, acquisitions of …
November 2015 – While the SCA Business Services Index outperformed the broader market indices in Q3 2015, it also experienced the overall decline felt by the broader market. For the quarter…
August 2015 – The SCA Business Services once again outperformed the broader market indices in Q2 2015, increasing by 2.2% compared to an increase of 0.2% for the S&P 500. However, despite the sector’s overall positive performance, there was significant variability among…
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…
February 2015 – After underperforming for much of 2014, the SCA Business Services Index outperformed the broader markets in Q4 2014, increasing by over 11.2 % compared to an increase of 5.8% for the S&P 500. Virtually all subsectors of the SCA Business Services Index outperformed the broader market as a result of consensus predictions of enhanced economic growth in the U.S. during 2015. In particular…
November 2014 – The SCA Business Services Index underperformed the broader markets in Q3 2014, declining by 4.5% compared to an increase of 0.5% for the S&P 500. In particular, the SCA Marketing Services sector (down 17.0%), the SCA Professional Staffing sector (down 10.0%), and the SCA IT Consulting sector (down 5.0%) reflected growing concerns about…
August 2014 – The SCA Business Services Index underperformed the broader markets in Q2 2014, declining by 2.7% compared to an increase of 4.0% for the S&P 500. Despite strong performances by several staffing sector leaders (Manpower, Robert Half), the overall sector was dragged down by concerns of slowing economic growth. In particular, the SCA HR Services sector (down 8.0%), SCA Marketing Services sector (down 22.6%) and SCA Professional Staffing sector (down 5.0%) were particularly impacted by…
April 2014 – After outperforming the broader indices in 2013, the SCA Business Services sector suffered a weak Q1 2014, declining by 1.0% compared to an increase of 3.2% for the S&P 500. This market pullback was led by the SCA HR Services sector (down 8.8%), SCA Marketing Services sector (down 2.3%) and SCA IT Consulting sector (down 1.0%). While some of the sector decline can be attributed to…