U.S. service sector expands in June
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The nation's service economy expanded at a faster-than-expected clip in June, a research group said Thursday, suggesting soaring gas prices and inflation aren't dampening strength in industries such as banking, retail and travel.
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The U.S. economy grew overall during  June through mid-July but some regions reported slowing  activity, and there were scattered reports of rising prices,  the Federal Reserve said on Wednesday.
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The big four drugstore chains report higher comparable sales in June.
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The increase in consumer spending, reported by the Commerce Department today, marked a turnaround from the 0.2 percent decline in June.
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Employers added 132,000 jobs in June, fewer than in May but consistent with an economy still shaking itself out of a slump.
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The number of new U.S. jobs climbed by an unexpectedly brisk 157,000 in May on a surge of hiring in service businesses while hiring in the factory sector continued to decline, Labor Department data showed on Friday.
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WASHINGTON Aug. 30, 2004 - After taking a rest in June, the nation&#39;s consumers were full of energy last month, boosting their spending by a strong 0.8 percent, a hopeful sign the economy may be emerging from a summer funk.
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Industrial production rose significantly in June, reflecting advances in manufacturing, mining and auto production.
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The pace of growth in the U.S. service  sector accelerated unexpectedly in November, while employment,  prices paid and new orders also rose, according to a report on  Tuesday.
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NEW YORK -- The nation's factories, plants, and utilities expanded faster in June, suggesting hardy consumer spending is boosting confidence among manufacturers even as prices for raw materials rise.
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The dominant service sector grew at its fastest rate in a year in May, confounding market expectations for a slightly slower pace, according to a report released on Tuesday.
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Manufacturing output climbed in June, official data has shown, but at a slower pace than had been forecast by analysts.
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NEW YORK -- The nation's service sector expanded at a faster-than-expected pace in May, suggesting it could help sustain broader economic growth as the automotive and housing industries slump, a research group said Tuesday.
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Limited Brands meets same-store sales growth expectations for June.
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New orders for U.S.-made durable  goods rose much more than expected in June and the number of  workers filing for unemployment benefits fell last week,  according to government reports on Thursday that showed strong  business activity.
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Business activity in the U.S. services  sector in July and new orders at U.S. factories in June were  surprisingly weak, two reports showed on Thursday, signaling  that economic growth was decelerating.
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The service sector of the U.S. economy grew at a quicker pace in November than in the previous month, shaking off some effects of the housing slump, a trade group said Tuesday.