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#servicesector — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #servicesector, aggregated by home.social.

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  1. 1 #TorstenSlok, chief economist at Apollo Global Management: When #China joined the #WTO in 2001, #US #manufacturing was hit hard, but US overall #unemployment stayed remarkably low because offsetting forces like #servicesector growth, #export gains + business expansion absorbed much of the blow 🧵

  2. 1 #TorstenSlok, chief economist at Apollo Global Management: When #China joined the #WTO in 2001, #US #manufacturing was hit hard, but US overall #unemployment stayed remarkably low because offsetting forces like #servicesector growth, #export gains + business expansion absorbed much of the blow 🧵

  3. 1 Torsten Slok, chief economist for Apollo Global Management: “ #ISM #Services #Prices Paid for July shows that #inflation pressures in the #servicesector are intensifying, pointing to upside risks to #CPI inflation over the coming months” 🧵 #stagflation

  4. On the Asia Pacific front, preliminary PMI data from Japan for February showed that the Manufacturing PMI came in at 47.2, lower than expected at 48.2, while the Service sector PMI was reported at 52.5. #Japan #PMI #Manufacturing #ServiceSector #EconomicIndicators

  5. The impact on the market may create pressure for a positive outlook on the dollar and affect gold and Euro. However, in index futures, the positive balance from Meta counters the overall data effect. #FedRateCut #EmploymentGrowth #WageIncrease #MarketExpectations #ServiceSector #MetaPlatforms #MarketAnalysis

  6. Strong employment growth and increasing wages could delay expectations for the first rate cut from the Fed. Currently, the primary scenario is set for May, but the market is beginning to consider the possibility of June. Notably, the service sector played a significant role, contributing 289 thousand to the overall employment data. #FedRateCut #EmploymentGrowth #WageIncrease #MarketExpectations #ServiceSector #MetaPlatforms #MarketAnalysis

  7. This week, we're going to test the proportion that #CorporationTax rates have a material effect on incoming investment... as rate rises from 19%-25%.

    However, all is not as it may seem; #JeremyHunt has also launched 100% #taxrelief on capital investment, which may offer some help to #manufacturing whose CapEx needs are (likely) more pronounced than the #servicesector.

    Q.is whether the tax rise causes any exits from the UK by large mobile firms, or whether #sunkcosts will keep them here anyway?

  8. This week, we're going to test the proportion that #CorporationTax rates have a material effect on incoming investment... as rate rises from 19%-25%.

    However, all is not as it may seem; #JeremyHunt has also launched 100% #taxrelief on capital investment, which may offer some help to #manufacturing whose CapEx needs are (likely) more pronounced than the #servicesector.

    Q.is whether the tax rise causes any exits from the UK by large mobile firms, or whether #sunkcosts will keep them here anyway?