The U.S. service sector, which employs nearly 90 percent of America’s work force, grew in January at the fastest pace in five years. The report capped a string of data Thursday that pointed to an expanding economy and stronger hiring. Get the full story »
Inside these posts: Factory orders
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Factory, spending data support strong growth tone
A measure of factory activity in the U.S. Midwest rose to a 22-1/2 year high in January on strong orders and employment prospects, bolstering hopes the economy would stay on a solid growth path this year. Get the full story »
Factory orders rebound, brighten growth view
New orders received by factories unexpectedly rose in November, and orders excluding transportation recorded their largest gain in eight months, providing more signs the economic recovery was on sustainable path. Get the full story »
Factory orders grow for fifth straight month
U.S. factory output grew for the fifth straight month in November, adding to evidence that manufacturing remains an engine of growth.
The Federal Reserve said Wednesday that output by the nation’s factories, utilities and mines increased 0.4 percent last month, after falling 0.2 percent in October. Get the full story »
