U.S. service sector growth speeds up
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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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NEW YORK -- The US service sector accelerated its hiring in August, but its growth rate slowed markedly compared with July, according to a report released Friday.
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Midwestern U.S. business expansion was  faster than expected in May, with new orders and hiring  bouncing back from weak April levels, a report showed on  Wednesday.
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The U.S. economy grew at an annual rate of 4 percent in the second quarter, as strong business investment led the fastest pace of expansion since early last year, the government reported on Thursday.
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Manufacturing growth in the U.S. Mid-Atlantic region accelerated much more than expected in June, suggesting the nationwide factory sector could be in for a surprisingly strong recovery, data showed on Thursday.
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Revenues in key sectors of the U.S. services industry grew in the second quarter, the government said on Monday in a new survey aimed at measuring growth in the giant tranche of the economy.
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The US economy grew faster in the second quarter than previously thought as business inventories rose at the strongest rate in four years, the government said on
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US consumers delivered good news to the economy on Thursday, as data for July showed spending on goods and services was growing more quickly than at any time this year.
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Business activity in the U.S. Midwest  expanded in May at a much faster rate than expected fueled by a  surge in new orders and stronger hiring, a report showed on  Thursday.
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The national economy grew at a solid rate in the last three months, boosted by a rebound in consumer spending and another strong quarter of business investment, the Commerce Department reported yesterday.
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Business activity in the US Midwest expanded in September at a faster-than-expected rate, hinting that the economy is climbing out of its summer slow patch, a report showed on Thursday.
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Growth in the huge U.S. services sector rose in December, although employment declined slightly, according to a survey published on Wednesday.
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Revenues in key parts of the U.S.   service economy rose 3.5 percent in the second quarter as   sluggish growth in the healthcare sector was offset by a strong   performance elsewhere, a government report showed on Wednesday.
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The U.S. economy is showing signs of  faster growth, according to reports released on Monday on the  Midwestern and New York City economies and U.S. personal  income.
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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.
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US stock-index futures rose before an Institute for Supply Management report that may show growth in the services industry accelerated last month.
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Growth in the huge services sector expanded in November, although the prices paid and employment components declined, according to an industry survey published Friday.