Secret Site Map
Friday, October 31, 2014

Home News Service Sector Growing at Fastest Rate Since 2008

Service Sector Growing at Fastest Rate Since 2008

Business Strategy

Growth in the U.S. service sector accelerated in February to its fastest pace in more than two years, the Institute for Supply Management reported.

| March 4, 2010

NEW YORK - Growth in the U.S. service sector accelerated in February to its fastest pace in more than two years, but jobs remained hard to find.

Gains in the U.S. economy have so far been led by a rebound in manufacturing, as companies slowed their inventory drawdowns and exports rose.

The service sector, which accounts for the vast majority of U.S. jobs, has seen much slower, bumpier improvement as layoffs and tight credit weigh on consumers. Its health is crucial to a sustained recovery from the deep recession that began in December 2007.

The Institute for Supply Management said Wednesday its index measuring service industry activity rose to 53 in February from 50.5 in January.

Click here to read the entire story.

Source: MSNBC

Top news

Three Industry Leaders Recognized at Univar International Reception

Univar Director Latin America Benjamin Gomez recognized three industry leaders at PestWorld’s International Reception, including Norm Cooper, recognized with the Global Ambassador Lifetime Achievement Award.

UPFDA Recognizes Contributions of Tommy Reeves at Board Meeting

Reeves recently completed a two-year term as UPFDA president where he was instrumental in establishing the future direction of the association.

Cope Named Director of Technical and Regulatory Services at Terminix

Dr. Stan Cope (retired Navy), who has been with Terminix since 2012, has been promoted.

P+L Systems Announces Acquisition

Group De Ceuster of Sint-Katelijne-Waver, Belgium announced the sale of its Environmental Care division to P+L Systems (Holding) UK of Knaresborough, UK, for an undisclosed sum.

Backed By Bayer Web Portal Relaunched

New Backed By Bayer is a a comprehensive customer-centric platform with new and expanded resources for pest management professionals.

x