the firms that should really be .alancing act and ratchets up clearly, they are not. since november 2014, the cuts you mentioned at the cut in the reserve and that ¥3.2 trillion bail out package. all of this has not been able to restore the sector. jonathan: outside of manufacturing and the services, website big, robust growth and -- ands and with the sea we can see signs of weaknesses as well. how does it change the story on unemployment? do we have a read? tom orlik: it is a bit of a black box. of the lastst, much year, the narrative of china has been weakness in the factory but do not worry because the services are doing better. that is preventing a big increase in unemployment. the august numbers are changing that story little bit and not in a very positive way. the official non-manufacturing pmi services sector shedding jobs. services sector still adding jobs but at a fractional rates. that story about the services sector saying being robust and offsetting, that story may not have the happy ending. a month, west haven't talking almost exclusively about what is ha

.alance at volkswagen let's have a quick peek at what futures are indicating. futures a little lower, caroline is here with the touchscreen. caroline: after the worst three-day rout cents august and we were concerned about china's growth trajectory, it is really started to ramp up the heat back then. market back in bear territory. we are waiting to see how french pmi data breaks later today. to be contraction once again for manufacturing. it could be an improvement for services as well as rising when you look at services. slightly better than expected. 48.6 is with the estimate is for. we want to see how the euro will be reacting. the dax up, and we have seen the euro trading higher against the dollar. it is moving, and improving as we see french data beating expectations. the dollar is just a little bit flat. is the dollar overvalued? that is what the management is asking. the yen should go weaker against the dollar, but the opposite viewpoint is being taken commonly could see the dollar being overvalued. with the euro than rise against the dollar? we are seei

chief executive martrin winterkorn's future is in the .alance at volkswagen let's have a quick peek atindicating. futures a little lower, caroline is here with the touchscreen. caroline: after the worst three-day rout cents august and we were concerned about china's growth trajectory, it is really started to ramp up the heat back then. market back in bear territory. we are waiting to see how french pmi data breaks later today. to be contraction once again for manufacturing. it could be an improvement for services as well as rising when you look at services.

the question is, how do we alance our desire to have china that can be a contributor to the world economythe rules? i think the administration has talked about something that could be bible is beginning to use trade sanctions -- could be valuable as a to use trade sanctions that could benefit from stealing intellectual property. sanctioning them for violating rules actually might have some impact. much more to talk about. we need to have you back soon. thank you so much, the former secretary of homeland security. mike, i had a list of 50 questions. michael: it is a big world. tom: it is a big world out there. michael: not to mention the gathering storm. tom: that is gloomy. that is really quite something. screen a more optimistic on the bloomberg terminal. and theyutures up 46 yields were higher. it is unambiguous on the side of economic data we got. higher yields. michael: a bit surprising given the weakness in industrial production. bloomberg analysis of retail wees is the last pop before see a decline, the tempest, they say, given the turmoil we have seen over the last month. tom: let'

i again want to commend my lleague from -- to support this bill and i yield back the alance of my time. the speaker pro tempore: the gentlewoman from michigan is recognized. mrs. dingell: s. 230, as my colleague has so eloquently stated, will provide for the conveyance to the ykhc located in bethel, alaska, for the purposes of constructing a primary care clinic attached to the existing hospital. this bill is identical to h.r. 521, introduced by our colleague and my very dear and good friend, chairman don young, which we passed by unanimous consent out of the committee on natural resources. the land transfer is needed so that the ykhc might participate in the indian health service joint venture construction project. access to quality health care is a fundamental part of our trust responsibility to tribal members. and passage of this bill will ensure that the ykhc can meet the current and future needs of its residents. i urge my colleagues to support passage of s. 230 and reserve the balance of my time. the speaker pro tempore: the gentlewoman reserves the balance of her time. the gentle