When the spending stops, the service sector jobs associated with robust spending will disappear as well.
The ISM Non-Mfg Index (service sector) plunged from 57.2 in February to 53.3 in March.
Now layoffs or induced retirements are as common in the service sector as in manufacturing.
The Oil Service Sector (OIH) has been very weak and trying to bounce off bottom.
The job growth was seen primarily in the service sector, which added 270, 000 jobs in December.
In the oil service sector, North American pricing remains depressed into a declining rig count.
But the figures show that manufacturing and even parts of the service sector still remain depressed.
The service sector generally, and luxury goods in particular, are good places to start.
Further, it supported huge service sector which provided the needs of those industries and workers.
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The service sector axed 279, 000 workers, while the goods-producing sector dealt out 243, 000 pink slips.
Manufacturing jobs, it is often said, are better than the Mcjobs typical in the service sector.
The revision was due to the service sector having been less strong than previously thought.
It found "limited signs" of improvement in manufacturing and construction, but not in the service sector.
Some businesses in the service sector will also be freed from irksome non-tariff barriers.
An underdeveloped service sector also offers opportunities long since exploited in more advanced markets.
In common with many Caribbean economies, the service sector has overtaken agriculture, fishing and forestry.
And in Japan, overall business conditions declined in May, accounting for a fall in service sector confidence.
Brazil service sector PMI fell below 50 on Tuesday to 49.7, down from around 54 last month.
It showed that in January the service sector was growing at its fastest rate since March 2011.
The service sector has been India's salvation over the last decade, an oasis of remarkable productivity growth.
NI's manufacturing sector witnessed 8, 400 job losses with employment in the service sector also falling by 12, 700.
The service sector saw the weakest growth figures since last May, and factory production continued to fall.
The figures also showed that while the service sector of the economy expanded, industry and construction contracted.
Many young families are moving to Las Vegas to take up jobs in the burgeoning service sector.
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The service sector continued to expand at "a relatively subdued pace" with a marginal increase in recruitment.
Economy-wide productivity gains reflect relatively modest improvements in the service sector together with much larger improvements in manufacturing.
The seasonally adjusted HSBC Service Sector Business Activity Index fell to 51.4 in March from 54.2 in February.
With the substantial loss of manufacturing jobs comes the loss of a serious amount of service sector jobs.
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Despite a deceleration, we believe the trend of faster service sector growth and more balanced regional development will continue.
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It also needs a stronger play in the customer service sector- an area that salesforce.com targeted several years ago.
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