Conservative
Type 40
U.S. Service Economy Unexpectedly Grows at Faster Pace in ISM August Index - Bloomberg
The Institute for Supply Managements index of non- manufacturing businesses increased to 53.3 last month from 52.7 in July. Economists forecast the gauge would drop to 51, according to the median estimate in a Bloomberg News survey. A reading above 50 signals expansion.
A pickup among the non-manufacturing industries that account for about 90 percent of the economy shows the recovery may persist amid dimming job prospects and rising pessimism about the economic outlook. Federal Reserve Chairman Ben S. Bernanke said last month that the economy will probably improve in the second half of this year.
First off, it's 'SERVICE INDUSTRY', moron.. not 'Service Economy'.those were bloombergs words
From your link...
An Aug. 29 Commerce Department report showed that the income left after taking out taxes and adjusting for inflation dropped 0.1 percent in July, the first decrease since September 2010.
You pick 1 point, from a single source out of 74 sources, and completely ignore all the rest of your own source, most of which shows bad news.
Typical TM.
I know you perfer an economy in decline but there is good news in this article and you CHOOSE to only see bad.
What is it consumer confidence measures and HOW does that measure rise?
Not by screaming like your hairs on fire that the country is gasping its last breath.
Really? In the linked piece, Bloomberg used the phrase 'Service Economy'? Please cut/paste it here, as I don't see it in your OP linked piece, dipshit.
I see you continue to ignore the preponderance of evidence in your own article that the economy is not improving. Typical TM. Lie, misread a source, post about it, get caught in a lie, ignore the lie.