A bounce in the eyes and Services Data out today in order to save the market but today the i sense that his readings on the u. S. Services sector fell last month to its lowest level since august of 2016 coming in at 52. 00 expectations of 55. 00 Service Oriented companies employ the vast majority of americans and registered the weakest growth in september in 3 years business production new orders grew more slowly and employment levels were essentially flat so between the 2 numbers now the param surveys clearly point to a sharp loss in momentum the Services Side is much larger than manufacturing accounting for about 80 percent of the u. S. Economy manufacturing only makes up roughly 20 percent so many analysts came out and they didnt place too much emphasis on the manufacturing numbers earlier this week and they were overly dismissive of the weak reads these said that the market shouldnt panic yet manufacturing doesnt amount to much and Services Matters more. More and thats actually sti
A bounce in the eyes and Services Data out today in order to save the market but today the i sense that his readings on the u. S. Services sector fell last month to its lowest level since august of 2016 coming in at 52. 00 expectations of 55. 00 Service Oriented companies employ the vast majority of americans and registered the weakest growth in september in 3 years business production new orders grew more slowly and employment levels were essentially flat so between the 2 numbers now the pair of surveys clearly point to a sharp loss in momentum the Services Side is much larger than manufacturing accounting for about 80 percent of the u. S. Economy manufacturing only makes up roughly 20 percent so many analysts came out and they didnt place too much emphasis on the manufacturing numbers earlier this week and they were overly dismissive of the weak reads they said that the market shouldnt panic yet manufacturing doesnt amount to much and Services Matters more and thats actually still ex
Like china now with the trade war backdrop International Trade has been weak and u. S. Corporates are starting to see they hit their bottom line so now with the 2 main drivers of corporate profits both getting pummeled are we in for a round of negative q 3 earnings and furthermore is this the start of another economic contraction. And earlier this week we had an opportunity to catch up with steve professor of economics unpatriotic and the author of can we avoid another financial crisis we started our conversation by talking about the economic slowdown in china despite the burst the slowdown the nations economy is still growing the fastest of all the worlds Major Economies we asked if this was sustainable. Growth is if you actually look at a 6 percent rate of growth every year that means your economy doubles and saw as if. That sort of growth is possible when youre starting from the incredibly low blows that china began with but if you want to eat you want to go to out of the. Period an
Greetings from berlin and a warm welcome to our arts and culture news and before we get dazzled by some cutting edge of light art heres what else is coming up. In our continuing series 100 german must reads a personal account of the wrong realities of trench warfare in world war one. Our new series underground europe explores whats going on below the surface of the continents many must see locations this time in poland. And some exciting news in film as the latest from Marvel Studios and ventures and skate has become the highest grossing film of all time. Oh yes sociate light with bright ideas and at the worlds 1st Museum Dedicated entirely to light art there are certainly plenty of those housed deep in the belly of a former brewery in western germany the center for International Light art opened in 2001 when addition to its Permanent Collection its currently showing the finalists for the 3rd International Light art award with some brilliant explorations of a material that of course is
sunday morning at 10 am eastern for my show velshi. all in with chris hayes starts now. tonight on all in. ts donald trump had a direct and personal role in this effort, as did rudy giuliani, as did john eastman. the other federal investigation into trump s attempted coup. everything that was done was done illegally by the trump legal team, according to the rules, and on the leadership of rudy on. tonight there s route new trouble for today immunity to fake electors. then, what is happening in russia tonight. as the leader of thousands of russian mercenaries affective lay declares war against russia s military. plus, thank god almighty, for the dobbs decision. the republicans, on the wrong side of voters. as two thirds of the country rejects the dobbs decision on abortion. you ain t seen nothing yet. all in starts right now. good evening from new york, i m chris hayes. a lot going on on this friday night. tonight we have some big developments in both t