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Tag Archives: institute for supply management

Service firms grew at slightly faster pace

WASHINGTON — Service firms that employ 90 percent of the U.S. work force expanded at a slightly faster pace in August. But the sector remains too weak to help an economy that is barely growing and struggling to create jobs. ...

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Manufacturing growth hits lowest level in 2 years

WASHINGTON — Manufacturers had their weakest growth in two years in July, a sign that the economy could weaken this summer. The Institute for Supply Management, a trade group of purchasing executives, said Monday that its index of manufacturing activity ...

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U.S. service sector grew in June, but at slower pace

WASHINGTON — The U.S. service sector, which employs nearly 90 percent of America’s work force, expanded for a 19th consecutive month in June. But growth slowed from May, a sign that the economy remains sluggish. The Institute for Supply Management ...

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Factories busier in June after spring slump

NEW YORK — U.S. factory activity picked up in June after a sluggish May, helped by lower gas prices and some easing of supply disruptions. The Institute for Supply Management, a trade group of purchasing executives, said Friday that its ...

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Service sector expanded at much slower pace

WASHINGTON — The US service sector, which employs nearly 90 percent of the nation’s work force, grew for the 17th straight month in April, though at the slowest pace since August. The Institute for Supply Management, a private trade group ...

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Weak dollar gives U.S. factories a lift

WASHINGTON — The nation’s manufacturing sector has expanded this year at the fastest pace in a quarter-century, boosted by a weak dollar that has made U.S. goods cheap overseas. Strong factory production could help the economy rebound after experiencing weak ...

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