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
To be involved in a Home Invasion in henderson. Officers say the two broke into a mead and water street then fired shots at the homeowner. He was taken to the hospital and is listed in critical condition. 3 children were also home at the time of the shooting fortunately they were not injured. Police are still investigating the situation but do not believe the act was random. The suspects were dressed in dark clothing and in their 20s or 30s the man, white with short blonde hair, possibly shaved the woman, either white or hispanic with darl hair if you have any information about either of these crimes, please call police or crimestoppers 7 023855555. Neighbors of the 2 year old girl, killed in a tragic hit and run crash, are speaking out concerned about bars in the area and drunk drivers in their neighborhood. Fox5s Abby Theodros spoke with them about the recent arrest made, and how the suspect is no stranger. Almost a week has passed since 2 year was killed by a hit and run driver. Car
At the fox 5 forecast. Cassandra jones with fox5. The warming trend will continue for us this week with sunny skies a high of 76 degrees for monday tuesday. A system moving into our area from the Pacific Northwest will push more clouds into our could even trigger showers. With the increasing clouds we pick up stronger winds 1525 mph wednesday with a high of 80 degrees putting us 1 degree shy from tying the record. As the system moves drop our daytime high thursday to 71. The rest of the and staying warm with high s around 72 through the here is a look at your drive here are the accidents to watch out and alternate routes you can use listed on our maps here are the construciton areas to look out for and alternate routes listed on our maps here are your photos for the day back to the news desk. Highway patrol was busy this morning cleaning up a bad accident on the 215 beltway. Around 5am, all eastbound lanes were blocked as troopers cleared the debris from the roadways. From our crew on