Exact(3)
Smaller than previously thought falls in the production and construction sectors drove the figure higher, while the powerhouse services sector was unrevised, with a 0.1% fall.
With consumers reining in their spending on all but essential purchases, retailers - part of the UK's powerhouse services industry - have suffered in recent months.
In the powerhouse services sector activity ground to a halt in the fourth quarter due to the absence of the London Games boost in the previous three months.
Similar(57)
While companies like Amazon, eBay, Groupon and Square are all targeting the mobile commerce opportunity, for Alibaba is already a powerhouse through services like its Taobao e-commerce mobile app, and its Alipay mobile payments service.
Here are some companies angling for some of that business: IBM : A powerhouse in IT services, recording $35 billion in revenue from its global services group, or 40% of total sales.
It is a powerhouse of business services and finance.
But its goal — to be a one-stop financial services powerhouse for governments, people and corporations — has remained elusive.
Michael Carpenter, who was once considered the heir apparent to Citigroup's Sandy Weill, is ending his 11-year career at the financial services powerhouse.
D1 BUSINESS DAY C1-18 New Leader for Conseco Gary C. Wendt, who built GE Capital Services into a financial services powerhouse, was named chairman and chief executive of Conseco.
Even as India rushes toward a future as a technology and services powerhouse, there has been slow, halting progress in its agrarian economy, which still sustains more than half of its 1.1 billion people.
ING Groep, a financial services powerhouse based in Amsterdam, entered the United States seven years ago with an Internet bank, ING Direct, that offered a no-frills savings account, called Orange, that paid a high interest rate.
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