Secret Site Map
Monday, October 20, 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

Extreme Spider Infestation Forces Missouri Family to Relocate

A family was driven from their suburban St. Louis home by thousands of venomous spiders that fell from the ceiling and oozed from the walls.

Landscaper Killed by Bee Swarm

One person is dead and several others are recovering from bee stings after a huge swarm of about 300,000 bees attacked landscapers working outside a home in Douglas (Ariz.), TucsonNewsNow.com reports.

UC Survey Asks PMPs What Are Their Biggest Bed Bug Concerns

University of California urban entomologists have launched an electronic survey to gather information from PMPs about what they are doing to manage bed bugs, and to determine what kind of bed bug research is needed.

AMVAC Introduces Nuvan Directed Spray Aerosol

Featuring the active ingredient dichlorvos (DDVP) the product can be used to control bed bugs, cockroaches, fleas and 21 other structural pests.

WCBB Raising Funds to Help Injured Industry Professional

Trade group Wildlife Control Business Builders (WCBB) is raising funds to help ECO Wildlife Solutions' Susan Sims, who suffered serious injuries as a result of a ladder fall.

x