Wednesday, December 5, 2007

serivice numbers in Nov 2007

--U.S. service industries expanded inNovember at a slower pace as an index of new orders dropped,raising the risk the deepening housing recession will stall theeconomy. --The Institute for Supply Management's index of non-manufacturing businesses, which make up almost 90 percent of theeconomy, fell more than forecast to 54.1, the lowest level sinceMarch, from 55.8 the prior month, the Tempe, Arizona-based ISMsaid. Readings above 50 signal growth.

No comments: