ISM Services Report: Service Sector expands, 1st time in 13 months
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  ISM Services Report: Service Sector expands, 1st time in 13 months
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Author Topic: ISM Services Report: Service Sector expands, 1st time in 13 months  (Read 518 times)
Swing low, sweet chariot. Comin' for to carry me home.
jmfcst
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« on: October 05, 2009, 10:13:42 AM »

service sector makes up 80% of U.S. economy

current 50.9....new orders 54.9

(reading above 50.0 denotes expansion)

http://www.cnbc.com/id/33175895
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Grumpier Than Uncle Joe
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« Reply #1 on: October 05, 2009, 10:14:40 AM »

So the world isn't coming to an end as a couple of blue avatars here have suggested?
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phk
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« Reply #2 on: October 05, 2009, 11:11:44 AM »

service sector makes up 80% of U.S. economy

current 50.9....new orders 54.9

(reading above 50.0 denotes expansion)

http://www.cnbc.com/id/33175895

Out of curiosity is the other 20% like 2% ag and 18% manufacturing?
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Southern Senator North Carolina Yankee
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« Reply #3 on: October 05, 2009, 04:59:38 PM »

service sector makes up 80% of U.S. economy

current 50.9....new orders 54.9

(reading above 50.0 denotes expansion)

http://www.cnbc.com/id/33175895

Out of curiosity is the other 20% like 2% ag and 18% manufacturing?

Yes and ISM still has Manufacturing above 50 but lower then expected as well.
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