The ISM is out with a forecast for next year. They see a return to growth for the US economy but expect manufacturing to be constrained by a 4% decrease in capital expenditures. Same story for services with cap-ex expected to fall a further 6.7%.
The ISM is out with a forecast for next year. They see a return to growth for the US economy but expect manufacturing to be constrained by a 4% decrease in capital expenditures. Same story for services with cap-ex expected to fall a further 6.7%.