The services sector continued to grow in October

WASHINGTON--Massive us service sector has continued to develop in October, but at a rate slightly higher than expected, a report from the Institute of supply management showed Wednesday.

The ISM said its index rose non-fabrication 53.2 in September 54.3 .c ' is above the median forecast 53.5 69 economists polled by Reuters.

A reading above 50 indicates expansion area non-fabrication, which mainly includes companies in the service sector.

Temporary fix Life.: are companies such as Caterpillar bounce, but their employment to full-time workers is pas.Vie Inc.: the target on the target return adversity index: economy crawling on the floor Life.: Economist says "no double-dip".

The ISM report is closely watched because the service sector accounts for about 80 per cent of jobs in the nation.Plus earlier this week, ISM said growth in the manufacturing sector accelerated last month.

A third economic report released Wednesday showed factory orders rose by 2.1% in September, breaks out widely as companies invested in airplanes and machines.

Earlier, the company pay ADP said employers in the private sector to add 43,000 jobs last month after cutting jobs in septembre.Le report is considered a position report monthly government employment gauge due to Friday.

Later in the day, the Federal Reserve should announce a new policy controversial to buy billions of dollars in government bonds in an attempt to breathe new life into the u.s. economy struggling.

Well telegraphed decision could be aimed at pushing consumer borrowing costs and business of rightness of the worst recession since the great depression, although there are doubts about its effectiveness.

The Associated Press and Reuters have contributed to this report.


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