U.S. services growth quickens in Jan: Markit

Growth in the U.S. products and services sector quickened to a four-month excessive in January and hiring remained tough, an trade document confirmed on Wednesday. Financial data agency Markit mentioned its services and products sector buying managers index rose to 56.7 from fifty five.7 in December. Carrier sector employers brought to their staffs at first of the 12 months although at a quite slower p.c. than in December. But the p.c. of hiring "remains resilient as companies file the brightest industry outlook for 3 years," stated Chris Williamson, Markit's chief economist.