Services from banking to transportation grew more slowly in November, pointing to a U.S. economy that is making progress in fits and starts heading into the new year.
Service industries in the U.S. unexpectedly accelerated in October, a sign the biggest part of the economy is overcoming the policy gridlock that partially shut down the federal government.
Service industries expanded in September at a slower pace than forecast as more corporate purchasing managers grew apprehensive about the U.S. economy leading up to the government shutdown.
Following is the text of U.S. non-manufacturing conditions from the Institute for Supply Management.
Service industries in the U.S. expanded in September at a slower pace than forecast, indicating a pause in the momentum of the biggest part of the economy before the federal government shut down.
Following is the text of U.S. non- manufacturing conditions from the Institute for Supply Management.
Service industries expanded in July at a faster pace than forecast, reflecting an increase in employment that eases the risk U.S. economic growth will slacken in the second half of the year.
Service industries in the U.S. unexpectedly grew in February at the fastest pace in a year, showing further strength for the biggest part of economy.
U.S. service industries expanded in September at a slower pace than a month earlier, a sign the recovery is struggling to gain speed.
"The shutdown has definitely impacted some of the psyche, but we're not seeing it in the numbers."
- Anthony Nieves on Nov 05, 2013
ISM's Nieves Says Services Index Shows Strength