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Politics : Stockman Scott's Political Debate Porch

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To: abuelita who wrote (3933)8/5/2002 2:47:55 PM
From: Jim Willie CB  Read Replies (1) of 89467
 
US service sector joins in the economic slowdown

The Institute for Supply Management said its monthly non-manufacturing index fell to 53.1 in July from 57.2 in June, marking the second straight month the index has fallen. Any reading below 50 denotes contraction. The figure was below analysts' forecasts for a dip to 54.6 and down from a nearly two-year peak of 60.1 in May.

US economy is 60% service, 40% mfg
not counting growing govt
/ jim
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