U.S. Services Sector Slips, Jobs Mixed
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Growth in the vast U.S. services  sector slowed in September, but mixed data on employment on  Tuesday focused economists' attention on upcoming payrolls data  to get a clearer sign about the outlook.
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The U.S. economy grew at a slightly slower but brisk 3.8 percent annual rate in the second quarter, and fresh signs of a surprisingly buoyant job market emerged last week, government reports on Thursday 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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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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U.S. manufacturing growth eased in  September to its slowest in more than a year, but home sales  and construction figures suggested a less abrupt decline in the  housing sector than many experts had foreseen.
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Activity in the service sector of the US economy slowed moderately in September from the previous month&#39;s pace, but it still expanded at a healthy clip, according to a private research group&#39;s survey.
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The pace of growth in U.S. service  industries slowed in September and pricing power ebbed,  according to a report on Wednesday that showed a key service  sector index falling to its lowest since April 2003.
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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 economy lost steam in the late summer but not nearly as much as first thought, a hopeful sign the country is weathering the housing slump.
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U.S. business productivity growth proved surprisingly sluggish at the end of 2004 and claims for jobless aid unexpectedly dipped last week, according to government reports that showed a good sign for employment which could fan inflation fears.
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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.
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The decline in jobs across a broad spectrum of professions marks the most striking evidence yet that the United States may be slipping into a recession.
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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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The U.S. services sector retrenched sharply in January to levels not seen since the 2001 recession, a survey by the Institute for Supply Management showed.
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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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The service sector of the U.S. economy grew at a quicker pace in November than in the previous month, shaking off some effects of the housing slump, a trade group said Tuesday.
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Investor's Business Daily - The U.S. economy is slowing as the housing and auto sectors slump, even as the jobs market becomes increasingly tight.