Noticeable miss and slowdown in the services sector, especially employment huge drop and new orders. I was still seeing the economy as strong enough and resilient to sill hold ok, but these numbers if sustained make me question if we could maybe be close to the turn in the economy. Will need more months and other data to have more confidence either way.
Manufacturing is still in contraction territory for 14 months, and not much improvement either in December.
https://twitter.com/carlquintanilla/status/1743299915432841235/photo/1
https://www.ismworld.org/supply-management-news-and-reports/reports/ism-report-on-business/services/december/
https://www.ismworld.org/supply-management-news-and-reports/reports/ism-report-on-business/pmi/december/