US Services Activity Grows at Fastest Pace Since Mid-2022
The US service sector expanded in October at the fastest pace in over two years, fueled by a pickup in hiring.
October US service sector activity accelerates to more than 2-year high
The Institute for Supply Management said on Tuesday that its non-manufacturing PMI accelerated last month. It was the highest level since August 2022.
China's Oct factory, services activity break back into expansion
China's manufacturing activity in October expanded for the first time in six months, an official factory survey showed on Thursday, supporting policymakers' optimism that recent fresh stimulus will get the world's No.
U.S. Services Sector Accelerates on Employment Boost
The Institute for Supply Management’s services-activity index edged up in October, beating economists’ expectations and marking a fourth-straight month of expansion.
US Services Activity Expands at Modest Pace in August
The Institute for Supply Management's index of services was little changed at 51.5 in August, as the US services sector expanded at a modest pace for a second month. Michael McKee reports on Bloomberg Television.
US Service Sector Expands at Fastest Pace Since Mid-2022
US service sector activity grew in October at the fastest pace in over two years as the Institute for Supply Management’s non-manufacturing index increased to 56, the highest since July 2022, data showed Tuesday.
US service sector activity accelerates to more than 2-year high
U.S. services sector activity unexpectedly accelerated in October to a more-than two-year high, and employment strengthened, more evidence that the economy is in solid shape as the nation heads to the polls to pick the next president.
Services activity in the US reaches its highest level in October in two years
In a surprising turn, the U.S. service sector reached its highest growth level since July 2022, defying expectations despite facing hurricanes, port strikes, and political uncertainties linked to the presidential elections.
Markets pop ahead of election results on solid service sector data
Stocks closed sharply higher Tuesday as activity in the U.S. services sector jumped to a more than two-year high, displaying ...
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Services sector sees growth in October, reports ISM
Services sector activity remained on a solid growth path in October, growing for the fourth consecutive month, according to the latest edition of the Services ISM Report on Business, released today by ...
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China's services activity picks up as conditions improve, Caixin PMI shows
China's services activity expanded at the fastest pace in three months in October, helped by early signs that Beijing's big ...
Treasury yields accelerate rise after stronger-than-expected economic data on services
The rise in Treasury yields accelerated Tuesday as investors assessed fresh data showing the services sector of the U.S. economy was stronger in October than Wall Street expected. The 10-year Treasury ...
China’s services activity picks up in October as stimulus impact emerges: Caixin PMI
Caixin/S&P Global services purchasing managers’ index (PMI) grew to 52 in October, matching the official PMI released last week.
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Japan Service Activity Shrinks on Softer Sales, Confidence Slips Further, PMI Shows
"The strength of performance in the Japanese service sector came to an abrupt halt at the start of the fourth quarter," said ...
Communications Up in Anticipation of Deal Activity -- Communications Services Roundup
Communications services companies rose as traders rotated into the sector in anticipation of more merger activity. Comcast hovered near recent highs, as traders awaited details of its purported ...