Euroland services PMI

Big Deterioration Last Month of U.S. Non-Manufacturing Relative to Euroland

June 3, 2016

In May, the U.S. non-manufacturing purchasing managers index fell 2.8 points to 52.9, implying the slowest expansion in slightly more than two years.  The indices for production, orders and jobs declined by 3.7, 5.7, and 3.3 points.  Meanwhile, Euroland’s services purchasing managers index edged 0.2 points higher to 53.3.  Service sector activity expanded more rapidly […] More

Bigger U.S. Advantage over Ezone in Services

November 6, 2013

The differential between the U.S. and Euroland service sector purchasing manager indices increased by 1.3 points to 3.5 in October.  That spread was still much smaller than August’s differential and indeed the tightest spread since August 2011.  Each region has posted PMI indices of more than 50.0 in both manufacturing and non-manufacturing for the last […] More

Slightly Softer Dollar and Yen

November 6, 2013

The dollar edged 0.1% higher against the yen but is otherwise down 0.5% against the kiwi, 0.4% versus the euro, 0.3% relative to the Swiss franc, sterling and Australian dollar, and 0.1% against the loonie.  The yuan is unchanged on a day that saw Chinese share prices drop 1.3%. In other stock markets, share price […] More