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Tag Archives: service firms

Service firms grows at fastest pace in a year

WASHINGTON — U.S. service companies grew in February at the fastest pace in a year, buoyed by higher sales and more new orders. The Institute for Supply Management says its index of non-manufacturing activity rose to 56 in February from ...

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Service economy weakens slightly, but hiring is up

WASHINGTON — U.S. service companies grew at a slightly weaker pace in October than September because sales and new orders slowed. But a measure of employment rose, indicating services firms hired more. The Institute for Supply Management said Monday that ...

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Service firms pick up pace in August

WASHINGTON — U.S. service companies expanded at a faster pace in August than July, helped by stronger hiring. The growth at firms that employ roughly 90 percent of the work force suggests the economy is slowly improving. The Institute for ...

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