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

You May Also Like

E.U. makes historic show of support for Ukraine after U.S. budget deal snub

All 27 European Union foreign ministers descended on Kyiv on Monday in…

China’s Didi Prices IPO at $14 After Quick Pitch

Chinese ride-hailing goliath Didi Global Inc. priced its IPO at $14 on…

Google Outage Roils Businesses, Schools. ‘The New Snow Day.’

More than a dozen Google services, including Gmail and YouTube, were offline…

Idaho governor signs ‘abortion trafficking’ bill into law

BOISE, Idaho — Idaho Gov. Brad Little signed a bill into law…