U.S. and euro area service sector PMI surveys
Service-Sector PMI Spread Narrowed in December But U.S. Retained a Large Composite Advantage
January 5, 2012
The U.S. Minus Euroland service sector purchasing manager differential fell to a four-month low of +3.8 points. Such had crested at 6.5 points in October. As in the case of manufacturing, the U.S. index was above 50, signifying a positive trend in activity but at a less rapid pace than in October or November. In […] More
