A U.S. services gauge unexpectedly shrank at the end of 2022, with steep declines in measures of business activity and orders that, if sustained, risk heightening concerns about the demand outlook.
January 6, 2023Government, Business, Equipment, Logistics
Services Gauge Shrinks Unexpectedly in Worst Slide Since 2020
Government, Business
Growth at Service Providers Sees Sharp Pullback From Record
A measure of U.S. service providers pulled back abruptly in December after soaring to a record a month earlier, reflecting more moderate growth in business activity and orders.
January 6, 2022Government, Business
Services Sector Expands for Fifth Straight Month
SILVER SPRING, Md. — The U.S. services sector, where most Americans work, registered its fifth consecutive month of expansion in October.
November 4, 2020