US Services Sector Expands Boosting Economic Growth

US Services Sector Expands Boosting Economic Growth

U.S. non-manufacturing activity hit a seven-year high, signaling new momentum for economic growth. The October NMI reached 60.1, marking 94 consecutive months of expansion and significantly exceeding the 12-month average. Sixteen industries reported growth, reflecting strong business confidence. However, labor shortages and geopolitical risks remain concerns. The government should optimize the business environment, strengthen talent development, and promote technological innovation to support the continued healthy development of the non-manufacturing sector.

01/28/2026 Logistics Industry Insights
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Dongguan Manufacturers Embrace Digital Shift to Expand Globally

Dongguan Manufacturers Embrace Digital Shift to Expand Globally

Dongguan hosted a salon focusing on the overseas transformation of traditional manufacturing and trade enterprises, emphasizing digital transformation and globalization strategies. Google, TikTok Shop, and Huawei Cloud shared insights on B2B digital transformation pathways, content-driven growth strategies, and technology enablement experiences. The event aimed to help Dongguan manufacturing companies overcome bottlenecks and achieve steady growth in the global market by leveraging digital tools and innovative approaches to expand their reach and competitiveness.

02/03/2026 Logistics Industry Insights
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US Manufacturing Expands in September Despite Supply Chain Strains

US Manufacturing Expands in September Despite Supply Chain Strains

The September ISM Manufacturing Report indicates continued growth in the US manufacturing sector despite ongoing supply chain challenges, with a PMI of 61.1. New orders remain strong, but production is constrained by raw material shortages. Employment is rebounding. Supply chain bottlenecks persist, leading to price increases. Experts anticipate these issues will continue, but also present opportunities. Businesses need to proactively address these challenges to navigate the current economic landscape and maintain growth.

02/04/2026 Logistics Industry Insights
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US Manufacturing Grows in September Amid Supply Chain Challenges

US Manufacturing Grows in September Amid Supply Chain Challenges

The US Manufacturing PMI registered 55.4 in September, according to the Institute for Supply Management (ISM), marking the fourth consecutive month of expansion but slightly lower than August. The New Orders Index decreased but remained in growth territory. Supplier deliveries continued to slow down, and inventory contraction eased. ISM members indicated that COVID-19 and business growth were key themes, expressing concern about the absence of future economic stimulus policies. The report suggests continued growth in the manufacturing sector, albeit at a slightly slower pace than the previous month.

02/04/2026 Logistics Industry Insights
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US Service Sector Shows Resilience Amid Slight September Slowdown

US Service Sector Shows Resilience Amid Slight September Slowdown

The September ISM Non-Manufacturing Report indicates continued expansion in the US non-manufacturing sector, despite a slight decrease in the Non-Manufacturing Index (NMI). The report signals robust activity. This analysis delves into key sub-indicators within the report, exploring the significance of non-manufacturing to overall economic growth. It also looks ahead to the challenges and opportunities facing the industry, emphasizing the need for businesses to actively innovate, pay attention to changing demands, and expand into emerging markets to enhance competitiveness. The sector remains a vital engine for the US economy.

02/04/2026 Logistics Industry Insights
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US Services Sector Shows Resilience Despite September Slowdown

US Services Sector Shows Resilience Despite September Slowdown

The US ISM Non-Manufacturing Index edged down to 54.4 in September, slightly below the previous reading but still above the expansionary threshold of 50, indicating continued growth in the non-manufacturing sector. Sub-indexes such as business activity, new orders, and employment all experienced declines, reflecting economic challenges. However, the overall sector remains robust. Attention should be paid to the impact of Federal Reserve policies and economic structural transformation on the non-manufacturing sector.

01/28/2026 Logistics Industry Insights
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US Services Sector Growth Slows but Remains Strong in September

US Services Sector Growth Slows but Remains Strong in September

The U.S. ISM Non-Manufacturing Index (NMI) registered 58.6 in September, according to the Institute for Supply Management. While slightly lower than August, the NMI remains well above the 50 threshold, indicating continued expansion in the non-manufacturing sector. This sector has now experienced growth for 56 consecutive months, providing significant support to the U.S. economy. It's important to monitor the impact of global economic uncertainties on the future development of the non-manufacturing sector.

02/03/2026 Logistics Industry Insights
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US Services Sector Growth Hits Near Oneyear High in February

US Services Sector Growth Hits Near Oneyear High in February

The U.S. ISM Non-Manufacturing NMI index surged to 59.7 in February, a near one-year high, marking the 109th consecutive month of growth. This data, released by the Institute for Supply Management (ISM), signals a robust expansion in U.S. non-manufacturing activity. This positive trend may alleviate concerns about a potential economic slowdown and provide sustained momentum for the overall economy. The significant increase suggests continued strength in the services sector, a key driver of U.S. economic growth.

01/29/2026 Logistics Industry Insights
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US Services Sector Defies Economic Challenges

US Services Sector Defies Economic Challenges

The US ISM report indicates a slight cooling in non-manufacturing activity in January, but it remains in expansion territory, marking the 108th consecutive month of growth. Key indicators presented a mixed picture, with the government shutdown adding uncertainty. Experts suggest that underlying growth resilience persists. Moving forward, attention should be paid to potential risks, and a flexible approach is needed to navigate market changes. Overall, the non-manufacturing sector continues to show positive, albeit tempered, performance.

02/03/2026 Logistics Industry Insights
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US Service Sector Growth Slows but Remains Strong in September

US Service Sector Growth Slows but Remains Strong in September

The US ISM Non-Manufacturing Index edged down to 58.6 in September, according to the Institute for Supply Management's report. Despite the slight decrease, the index remains above the 50 threshold, indicating the 56th consecutive month of expansion. While the growth rate has moderated, the robust performance of the non-manufacturing sector reflects the resilience of the US economy and will continue to provide support for economic growth. The index suggests continued, albeit slower, expansion in the services sector.

02/03/2026 Logistics Industry Insights
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