Growth in U.S. Services Industries Was Steady in January

[OntarioVanMan]

Twelve of 18 non-manufacturing industries reported growth

How about that...increase the minimum wage a little and voila....instead of shrinkage we get growth..these numbers mimic Canada's numbers in the same sector....growth in the service sector...imagine that?...
considering wages and benefits are tax deductible...why not give them a raise and give them some hope, Cut down on turnover and decrease training costs...which counteract the raise...if you pay them better they will spend better again helping the economy....

 

[Turtle]

Twelve of 18 non-manufacturing industries reported growth

How about that...increase the minimum wage a little and voila....instead of shrinkage we get growth..these numbers mimic Canada's numbers in the same sector....growth in the service sector...imagine that?...
considering wages and benefits are tax deductible...why not give them a raise and give them some hope, Cut down on turnover and decrease training costs...which counteract the raise...if you pay them better they will spend better again helping the economy....

That's the Institute for Supply Management’s non-manufacturing index, which has nothing to do with minimum wage. The ISM Non-manufacturing Index is an index based on surveys of more than 400 non-manufacturing firms' purchasing and supply executives that investors can use to better understand the overall national economic conditions. When the index is increasing, investors can assume that the stock markets will (should) increase because of higher corporate profits. The index is not a measure of employment or wage growth.

 

[OntarioVanMan]

I just see a bigger picture not limited to 1 set of numbers... this should eventually roll into another set of numbers
Sean Spicer just commented on them with a neutral statement
Did not take credit for the good news but didn't give credit either... surprise... lol