Private trade group says service sector grew in September for first time in a yearOctober 5th, 2009 ISM: Service sector grows in SeptemberNEW YORK — The U.S. service sector grew in September for the first time in 13 months, an encouraging sign for the fledgling economic recovery although jobs remain scarce.
Private trade group: service sector grew in Sept. for 1st time in year, but jobs remain scarceOctober 5th, 2009 Service sector grows in Sept., 1st time in yearNEW YORK — The U.S. service sector grew in September for the first time in 13 months, an encouraging sign for the fledgling economic recovery, although jobs remain scarce.
Trade group's measure of US service sector dips in August, activity inching toward growthSeptember 3rd, 2009 US service sector inched closer to growth in Aug.NEW YORK — The U.S. economy's service sector inched closer to growth in August, but still shrank for the 11th straight month in the face of weak consumer spending.
Stocks trade flat after recent losing streak, jobs and retail data fail to lift stocksSeptember 3rd, 2009 Stocks trade flat after jobs data, retail salesNEW YORK — Stocks barely budged Thursday as investors found little in a series of economic reports to push the market higher after a four-day slide. The Labor Department said the number of people filing for unemployment claims fell last week by 4,000 to 570,000.
Private measure of service sector health drops unexpectedly in July from previous monthAugust 5th, 2009 ISM service sector index dips unexpectedly in JulyNEW YORK — Shrinking business activity, fewer new orders and lower employment sapped some modest momentum from the U.S. services sector in July, although economists said the setback likely was a blip and not the start of a troubling trend.
Factory orders rose unexpectedly in June, driven by higher prices for petroleum productsAugust 5th, 2009 Factory orders unexpectedly increase in JuneWASHINGTON — Factory orders rose in June for the fourth time in five months, an unexpected gain and the latest sign of recovery in the ailing manufacturing sector. The Commerce Department said Wednesday that factory orders rose 0.4 percent, after a 1.1 percent increase in May.
Manufacturing company stocks rise after ISM report on July activity in the USAugust 3rd, 2009 Sector Snap: Manufacturing rises after ISM reportNEW YORK — Shares of domestic manufacturing companies rose Monday after a private-sector report that the sector declined last month at the slowest pace since August. Production jumped to its highest level in more than two years as manufacturers worked to restock customers' bare shelves, the Institute for Supply Management, a trade group of purchasing executives, said Monday.
Stocks push higher as August trading begins amid signs of healing in manufacturing, housingAugust 3rd, 2009 Stocks extend gains after manufacturing reportNEW YORK — Another dose of good economic news is sending stocks higher. The Institute for Supply Management reports that while manufacturing activity slowed during July, it did so at the slowest pace in nearly a year.
Trade group's measure of US manufacturing activity dips less than expected; best since AugustAugust 3rd, 2009 US manufacturing contraction slowest since AugustNEW YORK — U.S. manufacturing activity should grow next month for the first time since January 2008 as industrial companies work to restock customers' bare shelves, a trade group said Monday.
White paint index points to less weakness in housing, factory activityJuly 14th, 2009 Price of white paint component dips at slower paceWASHINGTON — The price of a key ingredient in white paint is declining at a slower pace, a signal that the weakness in housing and factory activity should let up a bit. Titanium dioxide prices fell 4.6 percent over the 12 months ending in June, the Labor Department reported Tuesday.
Factory orders up for second time in 3 months in April; hopeful sign for manufacturing sectorJune 3rd, 2009 Factory orders rise for second time in 3 monthsWASHINGTON — Orders to U.S. factories rose 0.7 percent in April, the second increase in three months and further evidence that manufacturers may be recovering.
ISM says service sector contracts at slowest pace since Oct.; recovery likely to be slowJune 3rd, 2009 ISM: US service economy shrinks more slowly in MayNEW YORK — The U.S. service sector shrank last month at the slowest pace since late last year and orders to U.S.
Private group says service sector contracts at slowest pace since OctoberJune 3rd, 2009 Group says US service economy shrinks in MayNEW YORK — The U.S. services economy shrank in May at the slowest pace since October, a private group said Wednesday.
Indian service sector to grow in next 12 months: KPMGMay 14th, 2009 NEW DELHI - India's service sector is set to grow substantially in the next 12 months, though its business activity prospects remain lowest in the BRIC block comprising Brazil, Russia, India and China, says a survey by global auditing agency KPMG released Thursday. April's BRIC Business Outlook Survey, which covered around 1,400 service sector firms in the BRIC nations, said 31.1 percent of Indian companies saw their activity levels expanding, up from 15.3 percent last autumn.
US service sector index contracts for 7th straight month; pace of decline slower than expectedMay 5th, 2009 US service sector contracts, but at slower paceWASHINGTON — A private measure of the U.S. services sector contracted for the seventh straight month in April but at a slower pace, the latest sign the economic downturn could be moderating.
Loading ...