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US service firms grows at fastest pace in a year

U.S. service companies grew in February at the fastest pace in a year, buoyed by higher sales and more new orders.


U.S. service sector grows, Europe more optimistic

The vast U.S. services sector expanded against last month, extending a three-year run of growth, while European business optimism hit an eight-month high, suggesting the euro zone economy was starting to recover.


Service sector growth slips in Oct: ISM

The pace of growth in the services sector slowed modestly in October as new orders slipped, though employment improved to its highest level in seven months, an industry report showed on Monday.


Woes deepen in Europe and China; U.S. the bright spot

The euro zone's economic woes accelerated last month and China's slowdown looked likely to extend to a seventh quarter, surveys on Wednesday showed, while the United States proved the bright spot with better-than-expected news on services and jobs.


Service sector picks up in September: ISM

Service Sector

The pace of growth in the vast U.S. services sector picked up in September as new orders accelerated, though employment cooled, an industry report showed on Wednesday.


China slowdown spreading, HSBC services PMI shows

China's services sector cooled in November to its weakest growth in three months, an HSBC purchasing managers' index showed on Monday, the latest data portraying an economy slowing quickly and in need of policy support.


Wall Street edges higher after services data

Signs that the nation's massive services sector continues to expand, albeit at a slower pace, helped push stocks into positive territory by midmorning on Wall Street Wednesday.


Service firms grew at slightly faster pace

Service firms grew at slightly faster pace

U.S. service firms, which employ 90 percent of the work force, grew at a slightly faster pace in August. But the sector remains weak, adding to concerns that the economy is at risk.

Senh: I'll take any kind of growth as good news at this point.


Private sector adds 179,000 jobs in April

Private sector adds 179,000 jobs in April

Signs of weakness in the U.S. economic recovery mounted as reports on Wednesday showed a sharp slowdown in the vast services sector and less hiring by private companies in April.


Service firms grow at fastest pace since 2006

Strong consumer demand pushed a key measure of the economy's service sector last month to its highest level in more than four years.


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