Service Sector, 2011 | featured news

(Image from article: "Service firms grew at slightly faster pace")

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China slowdown spreading, HSBC services PMI shows

China's services sector cooled in November to its weakest growth in three months, an HSBC purchasing managers' index showed on Monday, the latest data portraying an economy slowing quickly and in need of policy support.

Service firms grew at slightly faster pace

U.S. service firms, which employ 90 percent of the work force, grew at a slightly faster pace in August. But the sector remains weak, adding to concerns that the economy is at risk.

Senh: I'll take any kind of growth as good news at this point.

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