U.S. Services-Sector Activity Rises Again

U.S. services-sector activity continued to rise in November, with signs of a recovery emerging despite lingering tariff ...

Services Sector Shows Robust Growth — But Prices Are Still Way Too Hot

The crucial U.S. services sector maintained its expansion in November, reinforcing the economy's surprising resilience in the ...
Marketplace

Tariffs target products, but the service sector could feel them too

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 ...
Marketplace

Services make up more than two thirds of the U.S. economy. Here's how tariffs could affect them.

The U.S. economy, for the most part, is a services economy. The services sector accounts for more than 70% of the country’s gross domestic product, according to the Bureau of Economic Analysis. This ...
MarketWatch

The job-market sector employing the most Americans has been shrinking for months — building a case for another Fed rate cut

The Institute for Supply Management said on Friday that employment contracted in the service sector for the fourth straight month in September. The service sector, which employs the most Americans ...

France's services sector returns to growth in November, PMI shows

PARIS, Dec 3 (Reuters) - France's dominant services sector expanded slightly more than first estimated in November, hitting a ...
Morningstar

Services sector, the main engine of the U.S. economy, strengthened in April

The numbers: The Institute for Supply Management said on Monday that its service-sector PMI rose to 51.6% in April from 50.8% in the prior month. Economists polled by the Wall Street Journal had ...
U.S. News & World Report

Russian Service Sector Contracts at Fastest Pace Since 2022, PMI Shows

MOSCOW (Reuters) -Russia's service sector saw business activity contract sharply in September, marking the steepest decline since December 2022, as a renewed drop in new orders weighed on output, a ...
U.S. News & World Report

US Service Sector Activity Accelerates in October; Employment Still Subdued

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 ...
CNN

This key American business sector has a massive trade surplus with the rest of the world. Its jobs are at risk in a trade war

While the White House wages a trade war on behalf of US manufacturing, the largest and most important part of the American economy — one that has a trade surplus, not a gap — is under threat. The US ...

German service sector growth slows in November, PMI shows

By Miranda Murray BERLIN, Dec 3 (Reuters) - Germany's services sector grew for a third consecutive month in November, albeit ...
International Monetary Fund

China’s Service Sector Is an Underutilized Driver of Economic Growth

Reforms to rebalance demand toward consumption and further open the service sector can promote sustainable growth and help create jobs China’s economic development over the last several decades has ...