Exports fueled services expansion in September
NEW YORK (AP) - Educational services, farms, utilities, stores and hospitals all saw their businesses expand in September, thanks to strong exports and deliveries, a private research group's survey showed Friday.
The reading of 50.2 from the Institute for Supply Management was down from 50.6 in August. A reading above 50 signals growth.
It beat economists' prediction of a reading of 50.0, according to the consensus estimate of Wall Street economists surveyed by Thomson/IFR.
Monday's manufacturing report by the same organization showed the worst reading since October 2001, following the Sept. 11 attacks, and economists called it a sign of recession.
According to the services report, which is based on a survey of the institute's members, educational services, agriculture, utilities, retail and health care are growing, while restaurants, real estate and wholesale are contracting.
Man gets prison for thefts from NY state archive
By MICHAEL VIRTANEN, Associated Press Writer
ALBANY, N.Y. (AP) - An archivist convicted of selling stolen New York artifacts such as an original Currier & Ives lithograph on eBay was senten
NY university unveils new media and arts center
By JESSICA M. PASKO, Associated Press Writer
TROY, N.Y. (AP) - Rensselaer Polytechnic Institute is unveiling a new media and arts facility that features cutting-edge technology, a project t
Yoga at NY high school causes stress among critics
MASSENA, N.Y. (AP) - A group of parents and religious leaders in upstate New York want yoga classes out of public schools, saying the instruction violates boundaries between church and state.
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Winemaker Constellation Brands loses $23M
By BEN DOBBIN, AP Business Writer
ROCHESTER, N.Y. (AP) - Constellation Brands Inc. said Thursday it lost nearly $23 million in its fiscal second quarter as strong sales of vodka and high-en
WTC owners rewrite expectations at ground zero
By AMY WESTFELDT, Associated Press Writer
NEW YORK (AP) - The owners of the World Trade Center site announced a delay in the completion of a multibillion-dollar transit hub Thursday but ple
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