U.S. Recession Risks Up as Services Growth Hits Three-Year Low
Reuters, Oct. 3, 2019–Lucia Mutikani
Coming on the heels of news this week that manufacturing activity plunged to a more than 10-year trough in September, the survey from the Institute for Supply Management on Thursday increased the risks of a recession. For now, a solid labor market is keeping the economy on a moderate growth path.
