U.S. services sector expands in April with hints of rising price pressures

US services sector grows as prices surge amid tariff-driven inflation fears

Survey shows services businesses worried about the impact of tariffs on prices and deep federal spending cuts

U.S. Services Sector Regains Momentum in April as New Orders and Employment Rebound

The services sector is now strengthening, dampening fears of an economic downturn.

U.S. Services Industry Expands in April Amid Soaring Price Pressures

The Institute for Supply Management reported Monday that the US services sector expanded faster in April 2025, with the Services Purchasing Managers’ Index climbing to 51.6 percent from 50.8 percent in March. This unexpected increase defied economists’ forecasts, which had predicted a decline to 50.2 percent. Service sector growth continues for the tenth consecutive month […]

US service sector picks up in April; price pressures rise

WASHINGTON (Reuters) -The U.S. services sector's growth picked up in April as orders increased, boosting a measure of prices paid by businesses for materials and services to the highest level in more than two years, signaling a building up in…

U.S. services sector expands in April with hints of rising price pressures

The survey added to solid job growth in April in offering assurance that the U.S. economy was not near a recession despite GDP contracting in the first quarter

Growth at US Service Providers Picks Up After Slumping in March

Activity at US service providers accelerated in April after a slumping in the prior month, while materials prices increased in response to escalating tariffs.