service industry
US service sector contracts in April; price pressures up
The ISM says non-manufacturing PMI fell to 49.4 last month from 51.4 in March, the lowest reading since December 2022
Japan's service-sector mood slumps, clouds BOJ rate hike path
Japan’s service-sector sentiment fell in March as rising living costs and bad weather weighed on consumption, a government survey showed, heightening uncertainty on how soon the central bank can raise...
US service sector expands moderately in March; price pressures easing
US service industry growth slowed further in March, while a measure of prices paid by businesses for inputs dropped to a four-year low, which bodes well for the inflation outlook.
UK service firms end 2023 on a high, says PMI survey
Britain’s services firms grew more strongly in December than initially thought and optimism hit a seven-month-high, according to a survey that will be welcome news for Prime Minister Rishi Sunak, who ...
China’s consumption recovery losing momentum
China’s consumption rebound slowed, and private business confidence lost momentum in October, according to independent surveys and alternative data that suggested the economic recovery remains bumpy.
German services sector loses some shine as growth slows
Growth in Germany’s services sector slowed in June amid signs a recent resurgence in demand was losing steam, a survey showed on Wednesday (Jul 5).
Eurozone economy strengthens further on service-sector surge
Eurozone economic growth continued to pick up in March, driven exclusively by the service sector, as concerns over energy supplies recede.
When being a happy worker may be counter-productive
For customer service professionals, “feeling happy” at work sets them up to suffer more when they meet with angry or abusive behaviour, research shows

Service industries in US grow at fastest pace in 13 months
[WASHINGTON] America's service industries expanded in November at the fastest clip since October of last year, putting the economy's biggest sector on a robust growth path.

EDBI invests in US robotics company
EDBI, the corporate investment arm of the Singapore Economic Development Board, has joined Intel Capital and Northern Light Venture Capital in providing US$15 million in Series A financing for robotic...