non-manufacturing U.S. and Euroland PMI surveys
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
