service sector

Service Sector Slows: Sign of the Times as Consumers Shift Spending?
Service Sector Slows: Sign of the Times as Consumers Shift Spending?
November 03, 2023  |  Economy

The latest ISM Services PMI reading came in at 51.8 in October, down from a 53.6 reading in September. A reading above 50 notes expansion...

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Australia Seems Headed Toward A ‘Service-Sector Recession,’ And America Could Be Next
Australia Seems Headed Toward A ‘Service-Sector Recession,’ And America Could Be Next
June 01, 2020  |  Economy

For advanced economies, the transition to the digital age where manufacturing once reigned has its downside. Because when service jobs disappear — as has been...

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