US service sector activity accelerates in October; employment still subdued

U.S. services sector activity picked up in October amid a solid increase in new orders, but subdued employment pointed to ...
Marketplace

Surveys gauging the health of the service sector point in opposite directions

We have a tale of two service sectors today. Two surveys measuring service sector activity in February came out Wednesday, one from the Institute for Supply Management and the other from S&P Global.
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 ...
Benzinga.com

Services Sector Surges In September, Raising Questions For Fed's November Rate Cut

Economic activity in the U.S. services sector continued to expand in September, as the Services PMI reached 54.9%, its highest level since February 2023, marking a robust recovery. According to the ...

U.S. Services-Sector Activity Accelerates at Fastest Pace Since February

The Institute for Supply Management’s purchasing managers index for services providers climbed to 52.4 in October from 50.0 in September, reaching its highest point since February.