U.S. Demand for Outsourcing Slows Down
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The total value of outsourcing contracts in the U.S. was down in Q3, but is still on the rise in Europe and Asia.
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Outsourcing is seen as an increasing problem and UK firms should not move more jobs abroad, a survey finds.
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Protectionist barriers such as visa restrictions may only accelerate the trend of U.S. companies outsourcing software development work offshore, according to IT market analyst Edward Yourdon in a book on outsourcing, scheduled for release October.
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Growth in US services - the engine driving the world's biggest economy - has slowed sharply, a survey suggests.
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U.S. growth slowed in some parts of  the country last month and private employers hired fewer people  than expected, according to reports on Wednesday that chime  with other weak signals from the economy.
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US manufacturing activity falls to its lowest level since 2003, fanning concerns of a sharper economic slowdown.
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The gap between how much the US exports and imports has narrowed to its lowest level in more than a year.
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Growth in U.S. factory activity slowed more than expected in September to its lowest since May, 2005, with dips in measurements of employment and prices paid, according to a survey published on Monday.
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Manufacturing expansion slowed in  August as a decline in new orders led factory managers to opt  for caution, while construction spending unexpectedly fell in  July, according to data released on Tuesday.
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InfoWorld - The outsourcing and offshoring of software development work has become such an ingrained part of the technology industry in the U.S. that stories about it no longer rouse the public&#39;s interest as they did even a few years ago.
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The US economy slowed less than previously estimated in the second quarter as exports and inventories grew, revised numbers from the government show.
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Factory activity in the U.S. Mid-Atlantic region contracted sharply in January and home building in December fell to the slowest pace since the early 1990s, according to reports on Thursday that reinforced fears of recession.
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U.S. manufacturing unexpectedly  contracted in January to its slowest pace since April 2003 as  new orders, inventories and production fell, according to a  survey published on Thursday.
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Growth in US factory activity slowed in August as new orders shrank and manufactures were forced to pay higher prices for supplies, a report on Wednesday showed.
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Growth in U.S. factory activity slowed  more than expected in September to its lowest since May, 2005,  with dips in measurements of employment and prices paid,  according to a survey published on Monday.
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A gauge of U.S. online labor demand  plunged in December to its lowest level since January 2007, as  a year-end seasonal slowdown met further moderation in online  recruiting, a report showed on Thursday.
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The U.S. economy grew at a softer pace than first estimated in the final three months of last year as businesses slowed production to work off inventories and consumers spent less.