U.S. service companies grew at a slightly slower pace in October than September because of a decline in new orders. But a measure of employment rose, indicating services firms hired more.

Tagged with: economy Institute for Supply Management manufacturing

U.S. service companies, which employ 90 percent of Americans, grew at a slightly faster pace in July.

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U.S. service companies expanded in February at the fastest pace in a year, helped by a rise in new orders and job growth.

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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.

Tagged with: Institute for Supply Management jobs manufacturing

By CHRISTOPHER S. RUGABER AP Economics Writer WASHINGTON (AP) – The U.S economy’s service sector grew last month at the slowest pace since August, renewing concerns that more expensive gas and food may be weakening growth. Service companies, which employ ...

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By Christopher S. Rugaber and Derek Kravitz AP Business Writers Washington — The best month for U.S. factories in nearly seven years is brightening the outlook for job growth. Companies are exporting more construction and mining equipment, and Americans are ...

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By Martin Crutsinger AP Economics Writer Washington — A mixed picture of the economy emerged one day before key midterm elections that have focused on the nation’s financial health. Spending by Americans slowed in September and their incomes fell for ...

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Manufacturing in the past month continued its growth despite slowing down, according to a report from the Institute for Supply Management Despite registering a 1.9 percent decrease from August to September, the ISM still considers the manufacturing industry to be ...

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Washington (AP) — Unemployment claims are up and manufacturing growth is slowing, according to reports issued Thursday. Meanwhile, 1.3 million people are without federal jobless benefits as Congress prepares to adjourn for a weeklong Independence Day recess without passing an ...

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By Tali Arbel AP Business Writer New York (AP) — The service sector expanded in April, with business activity accelerating at the strongest pace in four years. According to the Institute for Supply Management, a trade group of purchasing executives, ...

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