"The Biggest Concern Is Stagflation" - Factory Orders Tumble As Services Surveys Signal Soaring Inflation
Apr 5th 2021 10:10am EDT
“The Biggest Concern Is Stagflation” – Factory Orders Tumble As Services Surveys Signal Soaring Inflation Echoing the Manufacturing surveys’ main theme, US Services sector surveys from Markit and ISM show input costs are exploding higher. Despite weakness in ‘hard’ macro data, Markit’s Services survey surged ahead to its highest since July 2014 ( up from […]
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