non-manufacturing purchasing manager surveys

Sharp October Drop in U.S.-Minus-Ezone PMI Services Spread

November 7, 2016

The U.S. non-manufacturing purchasing managers index fell 2.3 points to 54.8 last month. Euroland’s service sector PMI increased 0.6 points to 52.8. The differential between those two indices thus narrowed 2.9 points to +2.0. In combination with a negative 1.6-point manufacturing PMI differential, half a point more advantageous to Euroland than in the prior month, […] More

U.S.-Minus-Ezone PMI Disadvantage Widened in February

March 5, 2014

The U.S. non-manufacturing purchasing managers index according to the Institute of Supply Management fell by 2.4% to 51.6 in February, which signaled the slowest rate of expansion since February.  According to Markit Economics, Euroland’s services PMI rose 1.0 point to 52.6, a 32-month high.  The resulting 3.4-point swing from a U.S.-minus-Euroland 2.4-point advantage in January […] More

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