Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: service companies

Service firms grow more slowly, hiring weakens

WASHINGTON — Two reports Wednesday showed that U.S. service companies grew more slowly in March and private employers pulled back on hiring. The declines suggest businesses may have grown more cautious last month after federal spending cuts took effect. The ...

Read More »

Service firms grew slightly faster in July (access required)

WASHINGTON — U.S. service companies, which employ 90 percent of Americans, grew at a slightly faster pace in July. The Institute for Supply Management reported Friday that its index of non-manufacturing activity picked up slightly last month with a reading ...

Read More »

Service firms grew at slowest pace in 2 years

WASHINGTON — U.S. service companies grew in June at the slowest pace in nearly two and a half years, more evidence that the economy has weakened. But those same firms boosted hiring last month, supporting other data that show job ...

Read More »

Service companies expanded in May

WASHINGTON — U.S. service companies, which employ roughly 90 percent of the work force, grew at a slightly faster pace in May, marking the 29th straight month of expansion. The Institute for Supply Management said Tuesday that its index of ...

Read More »

Service firms grow at steady pace, boost hiring

WASHINGTON — U.S. service companies expanded at a healthy pace last month and stepped up hiring, more evidence that the economy is growing and adding jobs. The Institute for Supply Management said Wednesday that its index of non-manufacturing activity dropped ...

Read More »

Economy adds 227K jobs, jobless rate unchanged

WASHINGTON — The United States added 227,000 jobs in February, again surprising economists with the breadth and brawn of the economic recovery. The country has put together the strongest three months of pure job growth since the Great Recession. The ...

Read More »

U.S. service firms grow at fastest pace in a year

WASHINGTON — U.S. service companies expanded in February at the fastest pace in a year, helped by a rise in new orders and job growth. The Institute for Supply Management said Monday that its index of non-manufacturing activity rose to ...

Read More »