U.S. service industries grew at the slowest pace in almost four years in March, leaving the economy more exposed to slumps in manufacturing and housing.Services? You mean the group that includes realtors, mortgage brokers, and homebuilders? Why would anyone think they would be hurting?
The Institute for Supply Management's index of non- manufacturing businesses including banks, builders and retailers slid to 52.4, lower than economists anticipated.
4.05.2007
Things you would have foreseen if you weren't the dumbest economist on Earth
U.S. Economy: Services Expansion Unexpectedly Slows:
Subscribe to:
Post Comments (Atom)
-
Only the police should have guns, you know. The shocking double murder of a young couple in Irvine turns out to have been suspectedly com...
-
UPDATE: Edited to remove the guy's name. I hope nobody harasses him or his employer. He was good-natured and his sign was innocuous a...
No comments:
Post a Comment