Kyle Lee (front), barista and Richie Woo (back), barista, prepare take-out only orders for customers at Henry's House of Coffee on Monday, March 1, 2021 in San Francisco, Calif. Lea Suzuki/The San Francisco Chronicle/Getty Images IHS Markit's gauge of service-sector activity rose to 59.8 last month from 58.3. The reading signals the fastest rate of expansion since 2014. Still, ISM's industry gauge declined as supplier pressures and costs cut into business optimism. Visit the Business section of Insider for more stories. A popular measure of US service-sector growth improved in February to signal the fastest rate of expansion since July 2014, yet mixed signals led to dimming business optimism.IHS Markit's purchasing managers' index for the service sector rose to 59.8 last month from 58.3.
Similar Stories to Us Services Expand At The Fastest Pace Since 2014 Amid Surging Demand, Ihs Says on Bing News
bwinck@businessinsider.com (Ben Winck), Business Insider
Wed, 03/03/2021 - 9:36am
Topics: kyle lee richie woo henry's house coffee march calif lea suzuki/the san francisco chronicle/getty images visit july chris williamson ppe institute supply management pmi may measures bureau economic analysis daniel silver jpmorgan business insider us san francisco the the ihs markit ism business insider february covid-19 ihs silver services fastest pace demand activity orders growth rate costs sector month gauge rose pressures prices point declined ease barista expansion jump service-sector showed pandemic signals economist firm employment price confidence survey rebound signal supplier led restrictions recovery
BING NEWS:
- Best Growth Stocks of April 2024: Expand Your Portfolio
Vault Verified Nu Holdings is growing rapidly due to its presence in Latin America. Net income is surging and jumped from $58.0 million in Q4 2022 to $360.9 million in Q4 2023. The bank is approaching ...
05/3/2024 - 8:03 am | View Link - US growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates
The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers kept spending at a solid pace.
04/25/2024 - 5:54 am | View Link - AI Memory Boom Propels SK Hynix's Fastest Sales Growth Since 2010
SK Hynix Inc. said it expects a full recovery in the memory market, led by surging AI-related demand, and lifted its capital spending plans.
04/24/2024 - 3:30 pm | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more