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The retail sector added 43,000 in December after it lost 29,000 jobs in November. Last month's gains were focused in clothing, shoe and jewelry retailers (+23,000), general merchandise (+13,000 ...
Fresh data from S&P Global showed the US economy is tracking for solid growth through the end of 2024. ... which captures activity in both the services and manufacturing sectors, came in at 54.4 ...
Economists polled by Reuters had forecast the services PMI edging up to 54.3. A PMI reading above 50 indicates growth in the services sector, which accounts for more than two-thirds of the economy.
Number of establishments by sector in the United States economy in 1997, 2002, and 2007. Value of sales, shipments, receipts, revenue, or business done by sector in the United States economy in 1997, 2002, and 2007. Annual payroll by sector in the United States economy in 1997, 2002, and 2007.
WASHINGTON (Reuters) - U.S. services sector activity jumped to a 1-1/2-year high in September amid strong growth in new orders, more evidence that the economy remained on a solid footing in the ...
US retails sales dropped a record 8.7% in March alone. The US airline industry had also been hit hard, seeing a sharp decline in its revenues. [121] The COVID-19 recession has been widely described as the most severe global economic downturn since the Great Depression and "far worse" than the Great Recession. [122] [123] [124] [125]
A PMI reading above 50 indicates growth in the services sector, which accounts for more than two-thirds of the economy. US service sector activity accelerates to more than 2-year high Skip to main ...
A PMI reading above 50 indicates growth in the services sector, which accounts for more than two-thirds of the economy. The Institute for Supply Management (ISM) said on Wednesday that its ...