Strong demand boosts US services sector activity
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Growth in the services sector remained robust in August on stronger new business, although employment in the sector registered no increase for only the fourth time in five and a half years, a survey showed today.
We’ve talked about tariffs plenty in the context of manufacturing and consumer goods — the stuff people buy. But what about that much larger chunk of the economy: services? Growth in the service sector declined in March, compared to the month before ...
The stock market experienced its most significant downturn of 2025 as the Services Purchasing Managers’ Index (PMI) reported concerning numbers for January. The data revealed that the service sector, representing approximately 70% of the U.S. economy ...
WASHINGTON (Reuters) -U.S. services sector activity picked up in October amid a solid increase in new orders, but subdued employment pointed to lackluster labor market conditions against the backdrop of economic uncertainty stemming from tariffs on imports.
Texas service sector activity expanded in August, according to business executives responding to the Texas Service Sector Outlook Survey.