I hope I am not offending people here by saying that I am glad that the services sector finally is contracting. The non-producing lot (bankers, lawyers), which earned far too much during times of credit expansion and IMO suffocated many producing sectors by their costly services, is finally coming down to earth. I will likely be a hard landing.
http://finance.yahoo.com/news/court-drama-too-many-lawyers-154640720.html