There has been quite a contrast in profitability in the services and manufacturing sectors recently, with the services sector at a four year high, while the manufacturing sector is at a ten year low.
Chart of the Week: Week 40, 2013: US Debt Ceiling (Again)
At the very end of last year, the US was heading towards a “fiscal cliff”, and although a deal was agreed, the Economic Research Council pointed out in our first Chart of the Week of 2013that the debt ceiling still loomed ahead.