The Institute for Supply Management said Tuesday that its service-sector index fell to 41.8 in April
Austerity measures could be self-defeating when attempting to lower government debt
Investors’ optimism has contrasted with economic uncertainty
Report suggests Covid-19's impact on housing market will extend well into 2021
Production, new orders, hiring and export orders all fell
The institute's Business Cycle Council assesses both GDP and employment
The economy should begin to recover this year, but progress will be slow
A survey finds the “overwhelming majority” are financially prepared in the short term
Sharp declines are expected for March and April
Personal incomes also fell sharply last month