Services underpin global expansion

Economy Watch · Dec 4, 2024 · 5m

Kia ora,

Welcome to Wednesday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.

I'm David Chaston and this is the international edition from Interest.co.nz.

And today we lead with news the world's services sector seems to be holding its own

Ahead of this weekend's November non-farm payrolls report, the private ADP Employment report out today reveals American private businesses added +146,000 workers to their payrolls in the month, slightly below forecasts of 150,000. This is a reversion to the mean for 2024. Currently analysts are expecting the…