US services sector expands at slower pace in September
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WASHINGTON : The vast US services sector grew at a slower pace in September as hurricanes and high energy prices inflicted pain, a survey showed.
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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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The service sectors in the United States, Europe and Britain all posted the slowest growth in more than a year in September, surveys of purchasing managers showed Tuesday, suggesting global growth may be cooling.
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U.S. employers added a scant 51,000 jobs in September, far below market expectations, according to a government report on Friday that showed broad weakness in the manufacturing and retail sectors.
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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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WASHINGTON (CBS.MW) -- US homebuilders slowed their pace of new construction in September, with housing starts coming in 6 percent lower to put the seasonally adjusted, annual rate at 1.898 million units, the Commerce Department said Tuesday.
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The U.S. service sector grew for the 47th straight month in February, although 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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Service industries in the United States grew last month at the slowest pace in almost four years, suggesting the economic slowdown may be spreading beyond housing and manufacturing.
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Short-term interest rate futures jumped on Friday after US jobs growth for September was reported below expectations, suggesting the Federal Reserve could slow down its program of rate increases.
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The U.S. services industry grew  further in December, rounding out a year of expansion in the  huge sector, although employment news was less favorable,  according to a survey published on Wednesday.
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WASHINGTON (CBS.MW) -- Activity at factories in the Philadelphia region grew at a slower pace in September, the Federal Reserve Bank of Philadelphia said Thursday.
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U.S. employers added just 51,000 jobs in September, far below market expectations, according to a government report on Friday that showed weakness in construction, manufacturing and retail.
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An index of US services dropped to a 16-month low in September, suggesting high energy prices may limit economic expansion. Yet a gain of more than 50 percent in the cost of oil this year didn't prevent executives from increasing hiring.
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The pace of new U.S. home sales rose in September from a weaker August number, and orders for long-lasting manufactured goods dropped, according to data released on Thursday that showed a slow-growing economy.
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U.S. employers added a scant 51,000 jobs in September, far fewer than expected, but the job count for prior months was revised up and earnings moved higher, dimming financial market hopes for interest rate cuts next year.
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U.S. payrolls grew by just 96,000  workers in September, the government said on Friday in a  surprisingly weak report that will sharpen criticism of  President Bush in a looming debate and may hasten a pause in  U.S. interest-rate rises.
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Growth in the vast U.S. services  sector slowed in September, with a significant decrease in  prices paid but a solid employment component, according to an  industry survey published on Tuesday.