The overall indication in January is continued economic growth in the non-manufacturing sector, but at slower rates of increase. |
The pressure on prices may be relieved a little bit, but not a whole lot. |
The service economy is still growing at a reasonable rate, but at least in January it wasn't accelerating. The rate of growth slowed down some. |
This second month of non-manufacturing growth, at a higher rate of growth than in November, appears to indicate that November's growth was not entirely due to a rebound from October's low point following the events of Sept. 11, |
This second month of non-manufacturing growth, at a higher rate of growth than in November, appears to indicate that November's growth was not entirely due to a rebound from October's low point following the events of Sept. 11. |