U.S. and eurozone purchasing manager trends

An April Setback to Recent Convergence of U.S. and Eurozone Economies

May 6, 2015

Four four straight months between November through March, the manufacturing and service-sector purchasing manager differentials of the United States and Euroland had diminished, but each widened last month.  In manufacturing, whose PMI spread had swung from +7.5 points to -0.7 points, April’s reversal in trend was very marginal to -0.5 points.  But in services, the […] More

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