now the engine of economic expansion. China’s service sector is now larger than its manufacturing and construction sectors ..... industrial sector was balanced by strong consumption and service sector activity, fueled by healthy income growth. Inflation
NEW YORK (Reuters) - The pace of growth in the U.S. services sector fell in March to its lowest level in three months but exports rose to the highest level in over two years, according to an industry report released on Monday.
prices, and tepid domestic wage gains. Although core inflation measures remain weak, we expect wage gains in the service sector to cause core measures to tick back up during 2015. Late-cycle inflationary pressures are still absent amid global disinflation
Domestically, the era of the commodity boom has ended, while the economy still relies heavily on non-tradables [ service sector ].” The move is also aimed at keeping Indonesia’s current account deficit in check. Currently, it’s about 3% of GDP. Moreover, in addition to the slowdown
the slowing pace of migration of the rural population toward urban areas, and the rise of the lower-productivity service sector . However, the transition to lower growth rates in the Chinese economy will be in part driven by demand, as years of overcapacity and overinvestment
NEW YORK (Reuters) - A gauge of growth in the U.S. services sector was modestly stronger than expected in February, helped as an index on employment rebounded from recent weakness.
SHANGHAI, March 4 (Reuters) - China stocks ended lower on Wednesday morning, as early gains following a private survey showing growth in the service sector were erased by continuing worries about the economy.
weak inflation is broad-based 13 —we expect ongoing labor-market tightening to drive further wage gains in the service sector , leading core CPI to tick back up during 2015. Late-cycle inflationary pressures are still absent amid global disinflation and incremental wage gains
creative destruction” will continue as a force that sharp-eyed money managers must monitor. Both manufacturing and service sector chief executives see healthy increases in revenue for 2015. The upshot, relative to stock values: Expect more volatility
goods, but they still have big differences over liberalizing trade in services and liberalizing investments in the service sector , and allowing greater labor mobility,” Ikebe notes. “The main six ASEAN countries have abolished tariffs