Business

U.S. service sector growth slows from 8-year high

Growth at U.S. service companies slowed in September from an eight-year high in August, as sales fell sharply, new orders dipped and hiring weakened.

The Institute of Supply Management said Thursday that its service-sector index fell to 54.4 in September, down from 58.6 in August. August’s reading was the highest since December 2005. Any reading above 50 indicates expansion.



Click here to comment on this story »





Learn to become a super shredder

sponsored Any victim of identity theft, fire, or flood will be glad for the time taken in advance to file and store critical records.



Sections


Profile

Contact the Spokesman

Main switchboard:
(509) 459-5000
Customer service:
(800) 338-8801
Newsroom:
(509) 459-5400
(800) 789-0029
Back to Spokesman Mobile