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SMALL BUSINESS
Financial GlossaryUS service sector improves slightly in Dec.
01/06/09 15:03 ESTContentType:Spot Development; ContentElement:FullStory; Breaking:True;
By MARTIN CRUTSINGER
AP Economics Writer
WASHINGTON (AP) - A measure of the U.S. services sector improved slightly in December, beating analysts' estimates, but pending home sales and factory orders both fell more than expected and the overall economic outlook remains grim.
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Recent Comments
ScheflowRydell1 12:03:32 PM Jan 05 2009
Why can't the press, here the AP, report good news, without editorializing and predicting future bad news. As long as commercial construction remains strong, that is good news for everyone. Report the news don't make it up!
Dick85015 06:46:21 PM Dec 16 2008
Ninuk--suggest you look at a GNMA mutual fund--Vanguard has agood one. GNMA are government-backed mortgages with basicallyno default. Dividends are currently about 4.5%; that will go downwhen/if mortgages are refinanced. Until that happens, though, principal value will rise.
Ninuk 01:13:41 AM Dec 08 2008
Want advice - just sold house have money - not sure where to put it for safety/and some earnings- 1 year CD's, what about GMAC - 4.25%? Safe bet?ninuk
