Tag Archives: service sector growth

Economic Growth…Watch Out Below—Part II!

Popular Economics Weekly Wrightson.com It is obvious from the above graph that manufacturing activity is contracting, whereas the service industries continue to grow.  Exports that depend mostly on manufactured goods are therefore declining, while imports that depend on consumers will … Continue reading

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Consumers Too Optimistic?….Then Watch Out Below!

Popular Economics Weekly Consumer confidence has risen to what might be unsustainable levels—the highest in 16 years. That was in 2000, which was at the end of a 10-year economic recovery, the longest recovery since WWII. The Conference Board’s index … Continue reading

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A Half-Full Jobs Report

Financial FAQs Nonfarm payrolls rose a lower-than-expected 151,000 in August with revisions to July and June at a net minus 1,000, reported the Bureau of Labor Statistics. I would call this a half-full employment report in an economy that is … Continue reading

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Service Sector Economy Booming

Financial FAQs There was a huge jump in the U.S. service sector economy, our largest sector, some 67 percent of all U.S. economic activity. This is why we keep growing while most other developed and emerging economies aren’t. “The Institute … Continue reading

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Service Sector, Job Openings Show More Growth

Financial FAQs More economic data this week make job and growth prospects for 2016 look even better. And this is on top of the very strong March employment report. The March ISM Non-manufacturing index (i.e., for the service sector) rose … Continue reading

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Big Surge In Vehicle Sales, Service Sector, ADP Employment

Popular Economics Weekly Why start with motor vehicle sales? “Consumers weren’t holding back in May when it came to buying cars and trucks which sold at a 17.8 million annual rate for a whopping 7.9 percent gain from April,” said … Continue reading

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More Jobs in 2011!

Popular Economics Weekly The jobs market is in full recovery mode this spring. March seems to be the month when shoppers begin to shop in earnest and employers are hiring again. Both the service and manufacturing sectors of the economy … Continue reading

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