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✉news BusinessBanking first seen 8 h ago, last 2 h ago, peak #25

U.S. Services Sector Keeps Expanding in September

Original: U.S. Services-Sector Activity Continued to Expand in September

Activity in the U.S. services sector continued to grow in September, according to a Wall Street Journal report on new sector data. The figures suggest the largest part of the American economy remained resilient, sustaining expansion for another month. Observers are watching services readings closely for clues about consumer demand, inflation pressures and the Federal Reserve's next policy moves.

Why now: Fresh data showing continued services growth feeds debate about the strength of the U.S. economy and interest-rate expectations.

United StatesFederal ReserveWall Street Journal

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