Non-Manufacturing

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April 5, 2016

Economic Watch: Exports Increase, Service Sector Expands

While the U.S. trade deficit increased to a six-month high in February, U.S. exports seem to finally be turning around for the better. Meanwhile, the nation’s service sector improved again last month, and a final report on manufacturing offers hope for this freight-significant indicator.

March 3, 2016

Economic Watch: Factory Activity Turns Around, ‘Beige Book’ Improves

New factory orders and shipments rebounded at least somewhat in January, while measures of business investment and inventories also improved, according to new Commerce Department figures.

February 4, 2016

Economic Watch: Silver Lining for Manufacturing? Employment Gains, Service Sector Slows

Orders and shipments of factory-made goods were down in a report out Thursday, but earlier reports based on more recent activity indicates conditions may be on the verge of brightening.

January 26, 2016

Economic Watch: Service Sector Loses Steam, Consumer Confidence Up

The latest reading on the health of the nation’s non-manufacturing/service sector of the economy shows it starting the year with slower growth. A separate report shows consumers aren’t paying much heed to recent volatility in financial markets as Federal Reserve officials begin a two-day meeting.

January 6, 2016

Economic Watch: Manufacturing, Service Sectors Decline, Employment Jumps

Shipments of manufactured goods in the U.S. increased slightly in November, according to a new and full government report, while new orders posted its third decline in the last four months.

August 25, 2015

Economic Watch: Latest Readings Don’t Merit Wall Street's Panic

The underlying fundamentals of the U.S. economy are better than, or at least nowhere near as bad as, the panic that set into Wall Street starting late last week and extended into Monday, according to several newly released reports.

August 5, 2015

Economic Watch: Job Gains Moderate, Service Sector Jumps

Even as service sector growth surged in July, a lackluster employment report is leading to more speculation on whether the Federal Reserve will raise interest rates at its September meeting.

July 28, 2015

Consumer Confidence Drops, Service Sector Rebounding

UPDATED -- Economic Watch: Consumers are not feeling quite as rosy about the U.S. economy, while a separate report shows a rebound in economic conditions for the U.S. services sector.

July 6, 2015

Economic Watch: Service Sector Still Soft

Economic activity in the nation’s service sector inched higher in June after hitting a 13-month low in May, according to a survey of the nation’s supply executives. Another report shows non-manufacturing growth slowed last month.

June 25, 2015

Economic Watch: Consumer Spending Jumps, Service Sector Declines

Economic Watch: American consumers opened their wallets a whole lot more in May, with consumer spending increasing the most in nearly six years.

June 3, 2015

Economic Watch: Job Growth Best Since January

Two days before a government report on unemployment is set to be released, a report from a payroll processor shows 201,000 non-farm, private jobs were added in the U.S. during May, the biggest gain since January.

May 26, 2015

Economic Watch: Key Durable Goods Indicator Rises

An advance report shows both new orders and shipments for manufactured durable goods declined in April, but a key indicator increased for the second consecutive month.

May 5, 2015

Economic Watch: Service Sector Builds Momentum, Trade Deficit Up

Economic activity in the nation’s service sector increased in April, according to two reports released on Tuesday.

April 27, 2015

Economic Watch: Services Sector Growth Eases

Growth in the U.S. service sector during April eased from a seven-month high in March, according to the financial information services provider Markit, but numbers still point to strong start to the second quarter.

April 6, 2015

Economic Watch: Service Sector Continues Expanding

Two reports released Monday show the nation’s service sector continues increasing, albeit at different rates.

March 4, 2015

Economic Watch: Job Gains Ease Last Month, Service Sector Expands

Employment in the private sector increased again in February, but it was the weakest gain in six months.

February 24, 2015

Economic Watch: Consumer Confidence Falls, Service Sector Rebounds Strongly

Consumer confidence fell this month from a more than seven-year high last month, according to a new report from the private research group The Conference Board.

November 5, 2014

Economic Watch: Non-Manufacturing Activity Continues Growing

Activity in the U.S. non-manufacturing sector continued growing in October, but not as fast as the month before.

October 6, 2014

Economic Watch: Unemployment Falls; Manufacturing, Construction Slows

Both the trucking industry and the overall economy added jobs in September, pushing the unemployment rate down below 6% for the first time since July 2008 and hitting its lowest level in six years.

September 4, 2014

Economic Watch: Employment Posts Solid Gain, Service Sector Grows

Private sector employment increased in August from July by 204,000 jobs, according to the August National Employment Report from ADP released on Thursday. This marks the fifth straight month of employment gains above the 200,000 mark.

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