non-manufacturing PMI
Eurozone PMIs Improved Last Month Relative to U.S. Scores
January 6, 2016
The U.S.-minus-eurozone services purchasing managers differential fell 0.6 points to +1.1 in December. Earlier this week, investors learned of an 0.8-point widening of the negative manufacturing PMI spread. Adding those two spreads results in a combined negative spread of 3.9 points, 1.4 points more advantageous to Euroland than in November and representing a large 10.5-point […] More