U.S. productivity and unit labor costs

Higher Service-Sector PMI Readings in the United States and Euroland Plus Comments on Other U.S. Statistics Released Today

December 5, 2012

The service-sector purchasing manager indices rose in November by 0.5 points in the United States and 0.7 points in the euro area.  The spread  between those readings narrowed marginally to +8.0 points as a result.  Notably, U.S. services at 54.7 and comfortably above the 50 no-change level connotes non-stalling expansion, whereas Euroland’s 46.7 points to […] More