non-manufacturing U.S. and Euroland PMI surveys
U.S. and Euro Area Non-Manufacturing Business Conditions Each Improved Less Rapidly in October than September
November 6, 2018
Service sector activity in the euro area and non-manufacturing activity in the United States continued to expand last month but at a somewhat less robust pace than in September. This development paralleled the trend told by manufacturing purchasing manager indices released earlier this month. The right-most column in the table below, which adds the two […] More
May PMI Results Point to Much Greater U.S. Advantage against Euro Area
June 5, 2018
The U.S. nonmanufacturing PMI, compiled by the Institute of Supply Management rose 1.8 to 58.6 in May, indicating a robust and considerably faster improvement in nonmanufacturing business conditions last month. The sales and prices indices increased by more than 2.0 points to pace the improvement. A U.S. services PMI, compiled by IHS Economics, was 2.2 […] More
U.S. Nonmanufacturing PMI Survey and Euroland Services PMI Survey Show Slower Rates of Expansion in March
April 5, 2018
The ISM-compiled U.S. non-manufacturing purchasing managers index slipped back 0.7 points to a 3-month low in March 0f 58.8, which was still very robust. Increases of 1.6 points in the employment sub-index and 0.5 points in prices mitigated declines of 5.3 points in orders and 2.2 points in sales. The IHS-compiled Euroland services PMI dropped […] More
Further Shrinkage of U.S. Economic Advantage against Euroland
January 6, 2014
The U.S. service-sector purchasing manager index fell 0.9 points to 53.0, a 17-month low. Euroland’s comparable PMI slipped just 0.2 points, causing the differential between the two indices to drop to only 2.0 points, down from 7.9 points in August. The sum of the non-manufacturing and manufacturing spreads, shown in the rightmost column below, was […] More
