U.S. service providers reported continued growth in activity last month, surveys of purchasing managers showed, as pandemic-related restrictions eased and the economic recovery progressed.
That improvement and similar rebounds in Asian countries contrasted sharply with Europe, where surveys indicated a fresh decline in service-sector activity as a surge in coronavirus infections in October pushed consumers to avoid face-to-face services such as in-person entertainment and eating out.
Private…
This post first appeared on wsj.com