non-manufacturing PMI

Eurozone PMIs Improved Last Month Relative to U.S. Scores

January 6, 2016

The U.S.-minus-eurozone services purchasing managers differential fell 0.6 points to +1.1 in December.  Earlier this week, investors learned of an 0.8-point widening of the negative manufacturing PMI spread.  Adding those two spreads results in a combined negative spread of 3.9 points, 1.4 points more advantageous to Euroland than in November and representing a large 10.5-point […] More

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