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Tuesday, November 23, 2021

Services Sector Unexpectedly Weakens In November As Input Prices Hit Record High

https://www.zerohedge.com/economics/services-sector-unexpectedly-weakens-november-input-prices-hit-record-high 


After a mixed picture in October (manufacturing weaker, services stronger), preliminary November data was expected to show improvements in both segments of the economy, despite Americans' sentiment sinking to decade lows. However, Markit saw things differently as while Manufacturing did bounce back a little (from 58.4 to 59.1) but Services weakened from 68.7 to 57.0 (2month lows).

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Ya sure just like people said screw your Jab and your job..

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