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.The Institute for Supply Management’s non-manufacturing index increased to 56 in October,
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.
India's services activity improves in October to 58.5
India’s services activity improved to 58.5 in October compared with the tenth-month low of 57.7 in September, according to data released on November 5. The HSBC India Services Business Activity Index dipped below 60 for the first time in nine months but stayed above the long-run average. A reading above 50 denotes expansion.
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.
Vance Votes on Election Day, Services Activity Jumps in Oct., More
Bloomberg News Now is a comprehensive audio report on today's top stories. Listen for the latest news, whenever you want it, covering global business stories around the world.
Reuters on MSN4h
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 ...
Boost in demand revives services PMI to 58.5 in October from 10-month low
Revival in demand, both domestically and abroad, boosted activity in India’s dominant services sector in October, a ...
Bloomberg L.P.13d
India’s Economic Activity Regains Momentum, Flash PMIs Show
India’s economic activity regained momentum in October, driven by an uptick in manufacturing and services sectors, a ...
Reuters on MSN1d
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 ...
U.S. Services Index Unexpectedly Climbs To Two-Year High In October
Service sector activity in the U.S. unexpectedly grew at an accelerated rate in the month of October, according to a report released ...