CBI's: the Chartered Institute of Purchasing and Supply, in a survey published on November 4th, suggested that the service sector was weakening.
"The key factors are an increase in output, productivity and order books due to increased demand, " said Melinda Johnson of the Chartered Institute of Purchasing and Supply, which carried out the survey.
The figures followed data released earlier this week by the Chartered Institute for Purchasing and Supply which suggested that the UK services sector grew at its slowest rate in nearly five years in April.
Unable to compete with the purchasing power and supply chain prowess of national chains, the mom and pop shop seemed destined for the dust heap.
Temporary factors, including the damping effect of higher food and energy prices on consumer purchasing power and spending as well as supply chain disruptions associated with the tragic events in Japan, appear to account for only some of the recent weakness in economic activity.
We also believe that some of the revenue upside that we saw in the March 2011 quarter was the result of customers being cautious and accelerating purchasing activities to minimize supply chain disruptions.
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It pioneered the use of bar-code scanners, slick supply chains and inventory management tweaked to local purchasing preferences.
The council is also considering purchasing a snow plough and grit spreader to help contractors' clear footways and will supply salt to parishes who request it, they said.
To that end, the program would ask passengers to supply their name, address, phone number and date of birth upon purchasing a plane ticket.
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Some of the other key U.S. economic indicators next week include personal income and spending Monday, Chicago Purchasing Managers Index and consumer confidence on Tuesday, ADP private-sector employment report and Institute for Supply Management manufacturing PMI Wednesday, and initial jobless claims Thursday.
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After the credit crisis set in and the healing aspects of deflation began to take hold, central banks rapidly expanded the supply of base money in an effort to quickly erode the purchasing power of their currencies and bring real estate prices higher.
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