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  • Slowest US new business growth since October 2017

    From markiteconomics.com

    Growth momentum in business activity across the U.S. service sector was maintained in November, with firms registering a strong expansion in output. Foreign demand strengthened, leading to the fastest rise in new export business for six months. However, the upturn in overall new business moderated from rates seen earlier in the year. In line with a slowdown in new order growth, workforce numbers were expanded at the weakest rate since June 2017. Meanwhile, input prices continued to rise at a historically sharp rate. Subsequently, firms increased output prices charged further. The seasonally adjusted final IHS Markit U.S. ... (full story)

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  • Post #1
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  • Dec 6, 2018 9:52am Dec 6, 2018 9:52am
  •  Guest
  • | IP XX.XXX.115.117
Unnecessary and gloom headline....

"Growth momentum in business activity across the U.S. service sector was maintained in November, with firms registering a strong expansion in output. Foreign demand strengthened, leading to the fastest rise in new export business for six months."
  • Post #2
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  • Dec 6, 2018 10:18am Dec 6, 2018 10:18am
  •  Guest
  • | IP XX.XXX.34.135
Trend is down. Reality not doom.
  • Post #3
  • Quote
  • Dec 6, 2018 10:22am Dec 6, 2018 10:22am
  •  Guest
  • | IP XX.XX.114.105
US economy is still strong and running hard stop trying to sell down the dollar with these baited headlines.
  • Post #4
  • Quote
  • Dec 6, 2018 10:31am Dec 6, 2018 10:31am
  •  Lamplighter
  • | Joined Sep 2017 | Status: Member | 675 Comments
What are the parameters of the word 'new'? It that just pertaining to start-ups or across the broader base of all business?
  •  Guest
  • | IP XX.XXX.222.217
  • Story Stats
  • Posted: Dec 6, 2018 9:48am
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 4  /  Views: 730
  • Linked event:
    USD Final Services PMI
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