NEW YORK-the pace of growth in the dominant U.S. accelerated a bit in December, an industry report showed Thursday, suggesting continuous improvement in the economy.
For supply management said, to Institute that its services sector index 52.6% last month from 52,0 in November rose. The reading shy of forecasts of economists for 53,0, sank after Reuters poll, but was above the 50 mark, which indicates expansion.
The report strengthens the case for the "modest upturn in the US economy", said Omer Esiner, lead analyst at Commonwealth Forex in Washington.
Setting in the service sector accounts for more than two-thirds of the US economy, improved in December, called the Esiner "encouraging."
But when 49,4, he noted that the employment component still below the 50 line between expansion and contraction.
A separate report Thursday showed that businesses in December, the highest monthly gain in a year of 325,000 new staff recruited. A comprehensive report of the Government by Friday to show that a more modest 150,000 public and private sector jobs last month have been added.
"Certainly we get some encouraging news on the labour market, but we have very aware that there is a very volatile time of annual-reflects the holiday season and the days after the new year", said Bernard Baumohl, global Chief Economist at the Economic Outlook Group in Princeton, New Jersey, United States.
The U.S. service sector has obviously a little better than will keep the euro zone. An upswing in the German activity helped composite PMI withdraw the Markit euro area, although the survey showed last month weaker economies such as Spain and Italy further behind Germany and France to 48.3 of 47,0.
Markets expect that the euro zone into recession will fall this year, when countries reduce battle to the high budget deficits.
Economists expect that in the fourth quarter US growth, the 1.8 percent have overtaken rate between July and September, but most expect the economy to expand a gradual pace of about 2 percent in the year 2012.
Copyright 2012 Thomson Reuters.
0 коммент.:
Post a Comment