ISM’s Nieves says employment growth is slowing

  • Feb is a pivotal in gauging jobs trend
  • Will probably see more industries growing
  • US economy is moving in the right direction
  • Lagging industries will be pulled along
  • We will see a lot of strength in these numbers
  • Only concern is a drop in jobs
  • Will keep tabs on jobs index to discern trend
  • Confident expansion will broaden in coming months
  • Plunge in fuel prices boosting uncertainty
  • Common thread is that business is stable

The Nievester is passing comment on the PMI

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