(Reuters) - The U.S. services sector grew in March at its fastest pace
in nearly four years, data showed on Monday, while pending sales
contracts for existing homes rose in February, suggesting steady
economic improvement.

Housing Market

The Institute for Supply Management said its service index grew in March
for a third straight month, jumping to 55.4, its strongest reading since
May 2006. That was up from February's 53.0 reading and above economists'
forecasts for 54.0 for March.

A reading above 50 indicates expansion in the sector.

U.S. stock indexes rose and the dollar pared losses against the yen
after the data, which bolstered hopes that the economy is recovering
swiftly from a deep recession.

Separate reports last week showed the U.S. manufacturing sector grew for
an eighth straight month in March, expanding at its fastest pace since
July 2004, while U.S. employers added jobs last month at the fastest
rate in three years.

"Looks like the good news continues," said Alan Gayle, senior investment
strategist at Ridgeworth Investments in Richmond, Virginia. "All this
suggests that the economic recovery is spilling over into job creation."

A separate report from the National Association of Realtors showed
contracts for pending sales of previously owned homes unexpectedly rose
in February.

Both reports "are generally supporting the idea that the recovery is
moving ahead," said Tom Porcelli, senior economist at RBC Capital
Markets in New York. "We're moving along here -- there's no better way
to state it."

The vast U.S. services sector accounts for some two-thirds of U.S.
economic activity, and analysts say growth in this sector bodes well for
consumer spending and overall employment.

The employment component of the ISM index rose slightly in March, while
new orders jumped as well.

The Conference Board, a private research group, said the U.S. job market
strengthened for a seventh straight month in March, with fewer Americans
having trouble finding work.

Economists say job growth is essential for continued economic expansion,
particularly as government stimulus spending starts to fade. And despite
improvements in the labor market, the jobless rate remained at 9.7
percent in March for a third straight month.
--


Good news for America is, of course, bad news for the Republicans.

On 05/04/2010 9:57 AM, hk wrote:
(Reuters) - The U.S. services sector grew in March at its fastest pace
in nearly four years, data showed on Monday, while pending sales
contracts for existing homes rose in February, suggesting steady
economic improvement.

Housing Market

The Institute for Supply Management said its service index grew in March
for a third straight month, jumping to 55.4, its strongest reading since
May 2006. That was up from February's 53.0 reading and above economists'
forecasts for 54.0 for March.

A reading above 50 indicates expansion in the sector.

For those in the know, it isn't expansion, it is currency deflation,
otherwise known as inflation. Check out you gasoline proces. USD has
lost about 5% of its value in the last month alone.

And real estate isn't going to despreciate like USD....

Today, CAD is so close to par you wish you could shave like that.

--
Liberal-statism is an addiction to other peoples money.

On 4/5/10 12:51 PM, Canuck57 wrote:
On 05/04/2010 9:57 AM, hk wrote:
(Reuters) - The U.S. services sector grew in March at its fastest pace
in nearly four years, data showed on Monday, while pending sales
contracts for existing homes rose in February, suggesting steady
economic improvement.

Housing Market

The Institute for Supply Management said its service index grew in March
for a third straight month, jumping to 55.4, its strongest reading since
May 2006. That was up from February's 53.0 reading and above economists'
forecasts for 54.0 for March.

A reading above 50 indicates expansion in the sector.

For those in the know, it isn't expansion, it is currency deflation,
otherwise known as inflation. Check out you gasoline proces. USD has
lost about 5% of its value in the last month alone.

And real estate isn't going to despreciate like USD....

Today, CAD is so close to par you wish you could shave like that.



For those in the know? Well, let's see...we have a number of private and
governmental agencies showing, cautiously, growth...and we have
Canuck57, a non-portfolio'd teabagger pimping the Republican bull****...

Hmmm...it's sooooo hard to choose.

--
http://tinyurl.com/ykxp2ym

"Canuck57" wrote in message
...
On 05/04/2010 9:57 AM, hk wrote:
(Reuters) - The U.S. services sector grew in March at its fastest pace
in nearly four years, data showed on Monday, while pending sales
contracts for existing homes rose in February, suggesting steady
economic improvement.

Housing Market

The Institute for Supply Management said its service index grew in March
for a third straight month, jumping to 55.4, its strongest reading since
May 2006. That was up from February's 53.0 reading and above economists'
forecasts for 54.0 for March.

A reading above 50 indicates expansion in the sector.

For those in the know, it isn't expansion, it is currency deflation,
otherwise known as inflation. Check out you gasoline proces. USD has
lost about 5% of its value in the last month alone.

And real estate isn't going to despreciate like USD....

Today, CAD is so close to par you wish you could shave like that.

--
Liberal-statism is an addiction to other peoples money.


And, you're an uninformed liar.

--
Nom=de=Plume

On Apr 5, 12:50*pm, "nom=de=plume" wrote:
"Canuck57" wrote in message

...



On 05/04/2010 9:57 AM, hk wrote:
(Reuters) - The U.S. services sector grew in March at its fastest pace
in nearly four years, data showed on Monday, while pending sales
contracts for existing homes rose in February, suggesting steady
economic improvement.

Housing Market

The Institute for Supply Management said its service index grew in March
for a third straight month, jumping to 55.4, its strongest reading since
May 2006. That was up from February's 53.0 reading and above economists'
forecasts for 54.0 for March.

A reading above 50 indicates expansion in the sector.

For those in the know, it isn't expansion, it is currency deflation,
otherwise known as inflation. *Check out you gasoline proces. *USD has
lost about 5% of its value in the last month alone.

And real estate isn't going to despreciate like USD....

Today, CAD is so close to par you wish you could shave like that.

--
Liberal-statism is an addiction to other peoples money.

And, you're an uninformed liar.

--
Nom=de=Plume

D'Plume Quote: "What does this have to do with anything? I'm sure
somewhere in your squirrel brain it does, but it's non-obvious."

D'Plume Quote: "You haven't added anything, and you're attempted put
down was what's dumb"

"TopBassDog" wrote in message
...
On Apr 5, 12:50 pm, "nom=de=plume" wrote:
"Canuck57" wrote in message

...



On 05/04/2010 9:57 AM, hk wrote:
(Reuters) - The U.S. services sector grew in March at its fastest pace
in nearly four years, data showed on Monday, while pending sales
contracts for existing homes rose in February, suggesting steady
economic improvement.

Housing Market

The Institute for Supply Management said its service index grew in
March
for a third straight month, jumping to 55.4, its strongest reading
since
May 2006. That was up from February's 53.0 reading and above
economists'
forecasts for 54.0 for March.

A reading above 50 indicates expansion in the sector.

For those in the know, it isn't expansion, it is currency deflation,
otherwise known as inflation. Check out you gasoline proces. USD has
lost about 5% of its value in the last month alone.

And real estate isn't going to despreciate like USD....

Today, CAD is so close to par you wish you could shave like that.

--
Liberal-statism is an addiction to other peoples money.

And, you're an uninformed liar.

--
Nom=de=Plume

D'Plume Quote: "What does this have to do with anything? I'm sure
somewhere in your squirrel brain it does, but it's non-obvious."

D'Plume Quote: "You haven't added anything, and you're attempted put
down was what's dumb"


Reply: Ah, the stalker is back. I feel sorry for you.

--
Nom=de=Plume

On Mon, 05 Apr 2010 10:51:01 -0600, Canuck57
wrote:

On 05/04/2010 9:57 AM, hk wrote:
(Reuters) - The U.S. services sector grew in March at its fastest pace
in nearly four years, data showed on Monday, while pending sales
contracts for existing homes rose in February, suggesting steady
economic improvement.

Housing Market

The Institute for Supply Management said its service index grew in March
for a third straight month, jumping to 55.4, its strongest reading since
May 2006. That was up from February's 53.0 reading and above economists'
forecasts for 54.0 for March.

A reading above 50 indicates expansion in the sector.

For those in the know, it isn't expansion, it is currency deflation,
otherwise known as inflation. Check out you gasoline proces. USD has
lost about 5% of its value in the last month alone.

inflation last year was 2%.

"bpuharic" wrote in message
...
On Mon, 05 Apr 2010 10:51:01 -0600, Canuck57
wrote:

On 05/04/2010 9:57 AM, hk wrote:
(Reuters) - The U.S. services sector grew in March at its fastest pace
in nearly four years, data showed on Monday, while pending sales
contracts for existing homes rose in February, suggesting steady
economic improvement.

Housing Market

The Institute for Supply Management said its service index grew in March
for a third straight month, jumping to 55.4, its strongest reading since
May 2006. That was up from February's 53.0 reading and above economists'
forecasts for 54.0 for March.

A reading above 50 indicates expansion in the sector.

For those in the know, it isn't expansion, it is currency deflation,
otherwise known as inflation. Check out you gasoline proces. USD has
lost about 5% of its value in the last month alone.

inflation last year was 2%.



OH MY GOD!!! We're doomed! Doomed I say! Sell everything immediately! Invest
in gold.

--
Nom=de=Plume

On Thu, 8 Apr 2010 16:58:27 -0700, "nom=de=plume"
wrote:

"bpuharic" wrote in message
.. .
On Mon, 05 Apr 2010 10:51:01 -0600, Canuck57
wrote:

On 05/04/2010 9:57 AM, hk wrote:
(Reuters) - The U.S. services sector grew in March at its fastest pace
in nearly four years, data showed on Monday, while pending sales
contracts for existing homes rose in February, suggesting steady
economic improvement.

Housing Market

The Institute for Supply Management said its service index grew in March
for a third straight month, jumping to 55.4, its strongest reading since
May 2006. That was up from February's 53.0 reading and above economists'
forecasts for 54.0 for March.

A reading above 50 indicates expansion in the sector.

For those in the know, it isn't expansion, it is currency deflation,
otherwise known as inflation. Check out you gasoline proces. USD has
lost about 5% of its value in the last month alone.

inflation last year was 2%.



OH MY GOD!!! We're doomed! Doomed I say! Sell everything immediately! Invest
in gold.

yeah i love watching the right get bitch slapped. jon chait's blog at
'new republic' has a masterful takedown of right wing puppet larry
kudlow by david frum, who's being expelled by the conservative
movement

not unlike when chait showed that jim manzi, a right winger who writes
for 'national review' was all ****ed up when he said the US economy
grew faster than 'socialist' europe's did.

the right is filled with horse**** claims

On 22-Apr-2010, thunder wrote:

Well, I disagree. We won't return to the environment we had, say in the
1950s, but the world has changed. We're innovators. We adapt.

Funny, we are still the world's third largest exporter.

All 3rd world countries are exporters - of raw materials, to producer
countries like red China and India..