"Sliding back into recession": Service sector shrinks for first time in two sparking ...

Written By Unknown on Friday, 4 January 2013 | 19:13

The all-important services sector has shrunk for the first time in two years,
increasing fears the economy is heading for its third recession since the
financial crisis.The Markit/CIPS services purchasing managers' index fell in
December to its lowest since April 2009, quashing economists' hopes for a
small rise in output.Services such as hotels and restaurants, [...]
Source:
http://www.ezonearticle.com/2013/01/04/sliding-back-into-recession-service-sector-shrinks-for-first-time-in-two-sparking/

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