What are the factors that attract service businesses to a particular location?

On average, wage rates in the service sector remain below those in other sectors, but the gaps are narrowing. Also, employment appears to be growing fastest in ... Sectors. As an advanced modern economy, the Austrian economy is dominated by the service or tertiary sector, which constitutes approximately 70 percent of the ... Oct 26, 2022 ... Sales of professional service robots rose by an impressive 37% in 2021. By region, the strongest growth came from Europe with a market share of 38%. Dec 12, 2002 ... It then tests this on data from 11 service industries, highlighting the difference between knowledge-based and capital-intensive service sectors ... Aug 26, 2024 ... This Economic Commentary explores the connections among labor market tightness, wage inflation, and price inflation at the service sector level. Apr 11, 2025 ... Service sector businesses “are all industries that power American economic growth. They're the US economy's secret sauce,” said Mark Zandi ... The S&P Global US Services PMI is compiled by S&P Global from responses to questionnaires sent to a panel of around 400 service sector companies. The sectors ... Jul 28, 2017 ... Our research puts forward a new and complementary explanation based on the rise of the service economy and its role in boosting the demand for female work. Apr 23, 2025 ... The service industries include the retail sector, the financial sector, the public sector, business administration, leisure and cultural activities. Unlike manufacturing or production, service industries don't rely on the sale of goods or physical products. Instead, they deliver essential services to the ...