This too has followed the shale boom/bust cycle and is headed lower: No recovery here: This looks back over the last three months and seems to be decelerating from already modest levels: Up a bit but still low: The flash Markit US Services PMI came in at 51.9 in September of 2016 from 51 in August, reaching the highest figure in five months and above market expectations of 51.1. Activity picked up for the first time in three months due to ongoing new business growth while new orders, employment and inflationary pressures eased.Still contracting: Here some good news! But as per the chart something changed after the collapse in oil capex? Maybe because confidence is one man, one vote, not one dollar, one vote?
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
John Quiggin writes Dispensing with the US-centric financial system
John Quiggin writes How to dispense with Trump’s US
John Quiggin writes Trump has thrown out the global economic playbook. It’s time for Australia to write its own rules
tom writes Germany’s election & why it is important to understand the Ukraine War
This too has followed the shale boom/bust cycle and is headed lower:
No recovery here:
This looks back over the last three months and seems to be decelerating from already modest levels:
Up a bit but still low:
The flash Markit US Services PMI came in at 51.9 in September of 2016 from 51 in August, reaching the highest figure in five months and above market expectations of 51.1. Activity picked up for the first time in three months due to ongoing new business growth while new orders, employment and inflationary pressures eased.
Still contracting:
Here some good news! But as per the chart something changed after the collapse in oil capex? Maybe because confidence is one man, one vote, not one dollar, one vote?