Service Industries News Updates

Business

Service Industries’ Expansion Helps Second-Quarter Rebound

A faster-than-forecast June pace of expansion at America’s service industries, which make up the bulk of the economy, signals solid second-quarter growth, a survey from the Institute for Supply Management showed July 6.

July 6, 2017
Business

Service Industries Expand at Fastest Pace in Seven Months

American service providers expanded in June at the fastest pace in seven months on stronger orders and sales that signal a healthy U.S. economy.

July 6, 2016
Business

Growth in US Services Cools in September as Orders Slow

The pace of growth in U.S. service industries cooled last month from the best readings in a decade, a sign consumers may be taking demand down to a more sustainable level in the face of global weakness.

October 6, 2015
Business

Growth at Service Providers Near Strongest in Decade

Growth at service industries from retailers to restaurants hovered in August near the strongest in a decade, a sign U.S. demand was buoyant in the face of financial-market turmoil.

September 3, 2015
Business

Service Industries Expand at a Faster Pace in June

Growth at U.S. service industries picked up in June from a more than one-year low, signaling steady improvement in the biggest part of the economy.

July 6, 2015
Business

Service Industries Grow at About Same Pace as Prior Month

Service industries grew in March at about the same pace as a month earlier, indicating the biggest part of the U.S. economy is holding up.

April 6, 2015