US Service Sector Hits Record High Amid Strong Economic Growth

US Service Sector Hits Record High Amid Strong Economic Growth

The U.S. ISM Non-Manufacturing Index (NMI) surged to 58.6 in August, a record high, according to the Institute for Supply Management. This is well above the expansion/contraction threshold and the past 12-month average, signaling the 44th consecutive month of growth in the U.S. non-manufacturing sector, providing strong momentum for economic expansion. All sub-indexes performed strongly, reflecting overall economic health. However, this could also exacerbate inflationary pressures, which the Federal Reserve will likely monitor closely.

01/28/2026 Logistics Industry Insights
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US Nonmanufacturing Sector Expands Steadily in November

US Nonmanufacturing Sector Expands Steadily in November

The US Non-Manufacturing Index (NMI) for November registered 54.7%, a 0.5% increase from the previous month, indicating continued economic expansion in the non-manufacturing sector. Consumer spending, the labor market, and business confidence were key drivers. This data alleviates market concerns about a recession and provides the Federal Reserve with room to maneuver regarding monetary policy. The positive NMI reading suggests resilience in the service sector, which constitutes a significant portion of the US economy.

01/29/2026 Logistics Industry Insights
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Jury to Rule on Musks Openai Monopoly Lawsuit

Jury to Rule on Musks Openai Monopoly Lawsuit

Elon Musk's lawsuit against Microsoft and OpenAI has moved to the jury trial phase, centering on whether OpenAI violated its non-profit commitment and conspired with Microsoft to monopolize the AI market. The court supported some claims but dismissed the 'unjust enrichment' claim against Microsoft. OpenAI denies the allegations, emphasizing its non-profit nature. This lawsuit has sparked deep reflection on the direction of AI development, and its outcome could significantly impact the AI industry landscape.

01/30/2026 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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Strong Dollar Low Oil Prices Reshape US Industry Output

Strong Dollar Low Oil Prices Reshape US Industry Output

The ISM report analyzes the impact of falling oil prices and a stronger dollar on US manufacturing and non-manufacturing sectors. Lower oil prices generally reduce business costs, benefiting manufacturing more significantly. A stronger dollar poses challenges to manufacturing exports but has a lesser impact on non-manufacturing. Businesses should strengthen cost control measures, and the government should implement proactive fiscal policies to address these challenges. The report highlights the differing vulnerabilities of each sector to these macroeconomic factors.

02/03/2026 Logistics Industry Insights
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US Manufacturing Services Fuel 2014 Economic Growth ISM

US Manufacturing Services Fuel 2014 Economic Growth ISM

The ISM Spring 2014 Report indicates robust growth in both US manufacturing and non-manufacturing sectors. Manufacturing saw significant increases in revenue, capital expenditures, and capacity utilization. While non-manufacturing revenue growth was slightly slower, capital expenditures surged. Overall, the economic outlook is optimistic. Companies should capitalize on these opportunities. Both sectors demonstrate a positive trajectory, suggesting continued economic expansion. The report highlights the importance of strategic investment and proactive planning for businesses to leverage the favorable economic climate.

02/03/2026 Logistics Industry Insights
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US Services Sector Expands in September Despite ISM Dip

US Services Sector Expands in September Despite ISM Dip

The ISM's September report indicates a slight dip in the Non-Manufacturing Index (NMI) to 58.6, but it remains well above the expansion threshold, signaling continued growth in the sector. The NMI also exceeds the 12-month average. Given the non-manufacturing sector's vital role in the U.S. economy, its solid performance is crucial for overall prosperity. Going forward, it's important to monitor the impact of factors like the global economy, trade policies, and inflation on this sector.

02/04/2026 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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US Nonmanufacturing Sector Slips but Remains Resilient in March

US Nonmanufacturing Sector Slips but Remains Resilient in March

The March ISM Non-Manufacturing Index retreated from February's peak but remained in expansion territory, signaling continued economic recovery. The report analyzes key indicator changes, with experts maintaining cautious optimism and business confidence strengthening. The path to future economic recovery presents both opportunities and challenges. Businesses need to closely monitor market dynamics and adjust their operating strategies accordingly. The index suggests a continued, albeit potentially moderating, expansion in the non-manufacturing sector, a crucial component of overall economic health.

02/04/2026 Logistics Industry Insights
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Customs Clearance Invoice and Bill Handling Guide: Key Analysis of Split and Consolidated Invoicing

Customs Clearance Invoice and Bill Handling Guide: Key Analysis of Split and Consolidated Invoicing

This article provides a detailed analysis of how to prepare customs declaration packing lists and invoices for clients in international trade, according to the principle of 'separate customs declaration, consolidated documentation.' It emphasizes the impact of destination port customs clearance requirements on document preparation and highlights the independence between customs declaration in the exporting country and customs clearance in the importing country.

07/21/2025 Customs Knowledge
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