Service sector stronger than expected
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Growth in the U.S. services sector  accelerated unexpectedly in November and third-quarter labor  costs grew more slowly than forecast, suggesting the economy  may be weathering a manufacturing slowdown with wage-driven  inflation coming under control.
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This global IT services provider is seeing more growth as its sector makes a comeback.
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NEW YORK Oct. 1, 2004 - Manufacturing activity remained strong in September and construction spending surged to a record high in August, according to a pair of reports issued Friday that provided an optimistic look at the sturdiness of the economy.
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Manufacturing and industrial output grew faster than analysts  expected in May, official figures show.
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The U.S. service sector expanded at a faster rate in January than in the previous month, a trade group said Monday, signaling a strong start to economy growth this year.
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The pace of growth in the U.S. service  sector accelerated unexpectedly in November, while employment,  prices paid and new orders also rose, according to a report on  Tuesday.
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The economy is much stronger than the government reports, plus stocks are in short supply.
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Heavy price cuts help deliver a stronger than expected rise in UK High Street sales, official figures show.
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Stocks rose on Tuesday after stronger-than-expected data on the services sector boosted optimism about U.S. economic growth and profits.
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Retailers such as Ito-Yokado got a lift after government data showed activity in Japan&#39;s service sector rose in June as a wide range of businesses including retailers and restaurants enjoyed a recovery in customers.
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NEW YORK -- The nation's service economy expanded at a faster-than-expected pace in June, a resesarch group said Thursday suggesting soaring gas prices and inflation aren't dampening strength in industries such as banking, retail and travel.
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The U.S. service sector grew for the 47th straight month in February, though the rate of expansion moderated more than expected from January's torrid pace and pricing pressures eased, a report showed on Monday.
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Stocks rose on Tuesday as a report showing unexpected strength in the services sector boosted hopes that profit growth would withstand fallout from a slowing housing market.
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U.S. stocks advanced on Tuesday after stronger-than-expected data on the services sector and a tamer-than-expected rise in labor costs pointed to economic and profit growth with moderating inflation.
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NEW YORK -- The nation's service sector expanded at a faster-than-expected pace in May, suggesting it could help sustain broader economic growth as the automotive and housing industries slump, a research group said Tuesday.
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The strong growth in exports is due to improvement in India's competitiveness and the addition of new services.
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U.S. economic growth during the second quarter of the year was stronger than previously thought, the Commerce Department reported on Wednesday, partly because businesses built up inventories at the strongest rate in four years.