euro area PMI

U.S. Minus Euroland PMI-Mf’g Spread Nearly Doubled

February 1, 2010

Although the pace of manufacturing activity accelerated in January in both Euroland and the United States and outperformed expectations in each case, the improvement was considerably more dramatic in the United States and resulted in a near doubling of the PMI spread to 6.0 points in January.  The U.S. reading of 58.4 constituted a 65-month […] More