Services Slowdown Highlights Uneven U.S. Expansion: Economy – Bloomberg 12-04-13

Salient to Investors:

Dean Maki at Barclays said this is still a moderate recovery, but 2014 will be a better year for US growth.

Millan Mulraine at TD Securities USA said the worst of the impact of higher mortgage rates seems to be behind us.

Jay Bryson at Wells Fargo Securities said we are starting to see recoveries abroad, and in general, stronger global growth will lead to a pickup in export growth over time. Bryson said all components of domestic demand outside of the government are growing.

Read the full article at http://www.bloomberg.com/news/2013-12-04/ism-non-manufacturing-index-in-u-s-fell-to-53-9-in-november.html

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