Service sector PMIs in Euroland and the United States

Euroland’s PMI Advantages Versus the U.S. Extended in November

December 5, 2017

Whereas the U.S. non-manufacturing purchasing managers index fell 2.7 points to a 3-month low of 57.4 in November, Euroland’s service-sector PMI rose to a six-month high of 56.2. The resulting 1.2-point spread between the two data series was 3.9 points less U.S.-advantageous than in October and the narrowest differential since August. Adding this differential to […] More

PMI Comparisons: Significant U.S. Versus Euroland Advantage Maintained

February 3, 2012

The differential between the U.S. and euro zone purchasing manager service-sector indices widened by 1.4 points last month, more than offsetting an 0.9-point narrowing of the advantage in manufacturing and producing a hefty 10.9-point spread (shown in the right-most column below) for the third time in the past four months.  The U.S. overall services index […] More