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Article: ECONOMY WATCH.(BUSINESS)
- Article from:
- The Wisconsin State Journal (Madison, WI)
- Article date:
- October 6, 2009
CopyrightCOPYRIGHT 2009 Capital Newspapers. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: State Journal staff, wire services
SERVICE INDEX: The U.S. service sector grew in September for the first time in 13 months, an encouraging sign for the economy, although jobs remain scarce. The Institute for Supply Management said Monday that its service index hit 50.9 last month, up from 48.4 in August. Analysts polled by Thomson Reuters expected a reading of 50, the dividing line between growth and contraction. The index, which tracks more than 80 percent of the country's economic activity, including hospitals, retailers, financial services companies and truckers, hadn't grown since August 2008.
COMMODITIES: Gold for December delivery jumped ...
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