US Services Economy Disappoints As ‘Optimism’ Plunges To Record Lows

by Tyler Durden
ZeroHedge.com
Jun 27, 2016

The June flash Services PMI printed 51.3, flat to May but below 52.0 bounce expectations with both employment down (3rd monthly drop in a row to lowest since Dec 2014) and optimism tumbling – “service providers indicated another drop in confidence regarding the year-ahead business outlook, with the latest reading the weakest since the survey began in late-2009.”

The Rest…HERE

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