non-manufacturing U.S. and Euroland PMI surveys
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
