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Services sector

Americans pulled back on restaurant spending in September, report says

by Elizabeth Trovall
Oct 4, 2023
Instead of $50 main courses, they're opting for sandwiches and other lower-priced items, say restaurants around the country.
Restaurant owners are reporting lower customer spending averages and fewer hours of operation.
Scott Olson/Getty Images
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For U.S. service firms, access to China still mixed

by Sabri Ben-Achour and Jennifer Pak
Feb 12, 2021
China sells goods into the U.S. market easily, but American service providers face a range of barriers in China, which vary across industries.
The United Family hospital in Beijing is a U.S.-China joint venture. Foreign investors can't fully own hospitals in the country.
Courtesy of United Family Healthcare
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The economy's critical service sector comes into focus as data suggest softening

by Scott Tong
Feb 21, 2020
Most jobs in the U.S. are service jobs. They make up the biggest part of the economy, far bigger than manufacturing or farming.
Service jobs, like dog walking, may be shrinking.
John Moore/Getty Images
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Make Me Smart With Kai and Molly

Our economy has changed. Should our economic indicators change, too?

by Mitchell Hartman and Tony Wagner
Nov 26, 2019
That question stumped Kai and Molly on this week's "Make Me Smart." Here's the answer.
Don't count manufacturing out yet.
JIM YOUNG/AFP via Getty Images
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What is the service economy, anyway?

by Marielle Segarra
Oct 3, 2019
The vast majority of American jobs are in the services sector; as distinct to manufacturing, agriculture and others.
Pixabay
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Manufacturers aren't the only ones worrying about trade and global growth

by Sabri Ben-Achour
Oct 3, 2019
Growth in the service sector is slowing, too, according to new numbers from the Institute for Supply Management.
Shipping containers from China and other nations are unloaded at the Port of Long Beach in California in February.
Mark Ralston/AFP/Getty Images
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