Services Economy Crashes To Feb 2010 Lows, Confirming Manufacturing Collapse

by Tyler Durden
ZeroHedge.com
Sep 6, 2016

Following last week’s disappointing Manufacturing ISM/PMI data, Services PMI printed a six-month-low 50.9 over the weekend “pointing to an annualised GDP growth rate of a mere 1%,” according to Markit. Services jobs fell to their weakest since Dec 2014 but the ISM Services data collapsed to 51.4 – lowest since Feb 2010 with new orders imploding to their weakest since Jan 2014.

The Rest…HERE

This entry was posted on Tuesday, September 6th, 2016 at 10:12 am and is filed under Economics, God Help Us, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.