US services sector cools in November; prices stay elevated
U.S. services sector activity slowed in November after posting big gains in recent months, but remained above levels consistent with solid economic growth in the fourth quarter. The Institute for Supp
US services sector activity takes breather in November
The Institute for Supply Management (ISM) said on Wednesday that its nonmanufacturing purchasing managers index (PMI) slipped to 52.1 last month after surging to 56.0 in October, which was the highest level since August 2022.
India's services sector saw strong growth in November, PMI shows
A sub-index measuring new business – a gauge of demand – fell from October but showed no concerning signs of weakness. It was supported by international demand that rose at its fastest pace since August.
Kenya private sector activity rises in November, PMI shows
Kenya's private sector activity expanded in November as strength in the services and wholesale and retail sectors offset a weaker performance in agriculture, manufacturing and construction, a survey showed.
U.S. Service Sector Growth Slows More Than Expected In November
A report released by the Institute for Supply Management on Wednesday showed U.S. service sector growth slowed by more than
China's Caixin Services PMI Continued to Expand in November
A private gauge of China's services sector signaled that the sector continued to expand in November, as business optimism climbed to the highest level in seven months on Beijing's policy support. The Caixin services purchasing managers index came in at 51.
Rising UK Employment Costs Dent Service Sector Growth, PMI Shows
Companies reported a sharp drop in business optimism, which S&P said reflected companies' worries after finance minister Rachel Reeves announced a budget on Oct. 30 that included a sharp jump in social security contributions paid by employers alongside a 6.7% rise in the minimum wage.
China Services Sector Slows In November - Caixin
The services sector in China continued to expand in November, albeit at a slower pace, the latest survey from Judo Bank revealed on
ISM Services PMI slips more than expected in November, but still signals growth
ISM US Services PMI slipped to 52.1 in November from 56.0 in October, missing the 55.5 consensus estimate, according to Institute of Supply Management data release on Wednesday. While the index fell M/M,
Irish service sector growth at 19-month high in November, PMI shows
Growth in Ireland's services sector rose in November to its highest since April last year as new domestic and export orders increased, a survey showed on Wednesday.
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Private sector deals increase to 6-month high on cash flow boost
Businesses and households have been battling a biting lack of money in circulation for months in an economic setting where ...
U.S. Services Sector Slows as Firms Gauge Trump Policies — ISM
U.S. services activity cooled last month, as demand slowed and firms registered concerns about the consequences of President-elect Donald Trump's policies, including promised tariffs. The Institute fo ...
Euro zone business activity declines sharply in November, PMI shows
Business activity across the euro zone fell sharply last month as the bloc's dominant services sector joined the ...
After manufacturing, services index falls to 58.4 in November: HSBC survey
The manufacturing purchasing managers index fell to 56.5 in November, the lowest in 11 months, following which the services ...
China Services Activity Gauge Signals Continued Growth, Optimism
A private gauge of China’s services activity suggests that the sector has continued to expand, with firms’ optimism at a ...
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Employment in Nigerian private sector slows as input costs soar
Employment in Nigerian private firms dropped for the first time in seven months as companies struggled with a weak currency ...
China’s services activity expansion dampened by ‘trade environment’ concerns: Caixin PMI
Caixin/S&P Global services purchasing managers’ index aligned with the official gauge, which also showed China’s ...
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ISM's Purchasing Managers’ Index Rose to 48.4% in November
Tempe, AZ, December 2, 2024- The Manufacturing Purchasing Managers’ Index (PMI) registered 48.4% in November, 1.9 percentage ...