China Services PMI Lowest Since 2005 as Housing Slumps; Manufacturing Expands
August 5, 2014 0

China Services PMI Lowest Since 2005 as Housing Slumps; Manufacturing Expands

By News Desk

China Services PMI Lowest Since 2005 as Housing Slumps; Manufacturing Expands An interesting divergence is underway in China with manufacturing in expansion while the service sector is at the lowest reading since November 2005 according to HSBC China Composite PMI HSBC China Composite PMI™ data (which covers both manufacturing and services) signalled a third consecutive monthly expansion of Chinese business activity in July. That said, the rate of increase eased from June‟s 15-month high and was moderate overall.

Florida Obamacare Blues
August 3, 2014 0

Florida Obamacare Blues

By News Desk

As a result, Florida’s largest health insurer, Florida Blue, is raising exchange rates an average of 17.6 percent . Florida Blue, the state’s largest health insurer, is increasing premiums by an average of 17.6 percent for its Affordable Care Act exchange plans next year, company officials say. The nonprofit Blue Cross and Blue Shield affiliate blames higher health costs that are a result of attracting older adults this year who previously lacked coverage and are using more services than expected.