US Services Economy “Bounce” Is Dead, “Warning Lights Are Flashing Brighter”

by Tyler Durden
ZeroHedge.com
09/25/2015

After widespread weakness in global (yes and US) manufacturing PMIs, US Services PMI dipped in September (after 2 months of modest bounce back). The pace of expansion slowed to three-month lows with service sector confidnce close to its lowest in three years. This latest print indicates a slowdown in overall new business growth for the second month running, which brought the pace of expansion down to its weakest since January. Prices dropped for the 2nd month in a row and Markit warns that >”various warning lights are now flashing brighter, meaning growth may continue to weaken in coming months.”

The Rest…HERE

This entry was posted on Friday, September 25th, 2015 at 11:36 am and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.