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Tag Archives: service sector

Service-sector index indicates little effect from shutdown

WASHINGTON — Activity at U.S. service firms accelerated in October behind a jump in sales and more hiring, suggesting businesses largely shrugged off the partial government shutdown. The Institute for Supply Management said Tuesday that its service-sector index rose to ...

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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 ...

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U.S. service firms expanded in Nov. at slower pace

WASHINGTON — Service companies, which employ 90 percent of the U.S. work force, expanded at a slower pace in November and a measure of employment at those firms fell. Separately, the government said orders to U.S. factories dropped for the ...

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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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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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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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Service sector expanded in March at slower pace

WASHINGTON — The U.S. service sector expanded in March for the 16th straight month, although growth slowed from the previous month’s pace, which was the fastest in more than five years. The Institute for Supply Management, a private trade group, ...

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Fast growth in service sector points to more jobs

WASHINGTON — Activity at manufacturing and service companies has reached a level not seen since before the recession, suggesting a stronger year for hiring. Some economists are even hopeful that Friday’s employment report may be better than first thought, based ...

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