The U.S. Service Sector Expands and the IMF Cuts UK Growth Expectations
October 5, 2016    Disclosures    POSTED IN  Markets
  • The U.S. service sector index, reported by the Institute for Supply Management, reported a massive jump from 51.4 in August to 57.1 in September; a reading above 50 signals expansion. The Wall Street Journal
  • The International Monetary Fund’s latest world economic outlook expects meager growth of 3.1% for 2016 and slightly higher in 2017; in addition, the IMF cut predicted UK GDP growth in 2017 to merely 1.1%. BBC
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