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  1. Irrational Expectations

    Headlines

    Fri, 17 Apr 2015

    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

  2. U.S. service sector growth slips in March: ISM survey

    Headlines

    Mon, 6 Apr 2015

    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.

  3. March Business Cycle: Impact of Strong Dollar

    Headlines

    Fri, 27 Mar 2015

    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

  4. Indonesia’s New Path Offers Reasons for Confidence

    Headlines

    Wed, 11 Mar 2015

    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

  5. Vanguard’s Economic and Investment Outlook

    Headlines

    Wed, 4 Mar 2015

    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

  6. U.S. service sector activity ticks up in February

    Headlines

    Wed, 4 Mar 2015

    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.

  7. China stocks surrender gains on economic worries; Hong Kong slips too

    Headlines

    Tue, 3 Mar 2015

    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.

  8. Plunging Oil Prices: Investment Winners and Losers

    Headlines

    Thu, 12 Feb 2015

    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

  9. The Future: Better Than You Think

    Headlines

    Thu, 5 Feb 2015

    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

  10. ASEAN in 2015: Will Lower Oil Prices Interfere with Rapid Growth?

    Headlines

    Thu, 22 Jan 2015

    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

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