U.S. Manufacturing Expansion Slowed Slightly in July
Growth in manufacturing slowed in July. Even so, the sector registered its 12th straight month of expansion and employment and prices rose.
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Service Sector Growth Slows in June
The June service sector report from the the Institute for Supply Management (ISM) shows slower growth heading into the second half of the year. The group's non-manufacturing index fell from a more robust reading in May. Despite the drop, the June number still indicates growth, just at a lower rate.
Preview: A Quiet Start to the Second Half of the Year
Markets in the U.S. are closed Monday giving them a welcome respite from recent jitters. But some economic figures will be released and earnings season fast approaches.
Service Sector Expansion Stays on Track
According to the Institute for Supply Management, service sector businesses grew for the fifth straight month in May, and added more jobs than they shed for the first time since early 2008. Meanwhile, manufacturing's upswing continues.
May's Factory Index Hints at More Job Growth
The Institute for Supply Management's manufacturing index expanded for the 10th straight month. A key employment component also rose -- suggesting more job gains in the sector and for the U.S. economy overall in May.
