service-sector U.S. and euro area PMI surveys

Similar U.S. Advantages against Euroland in Manufacturing and Services

July 3, 2014

The United States non-manufacturing purchasing managers index was 3.2 points above its Ezone counterpart in June.  That constitutes a 4.2-point favorable swing since February’s disadvantage of 1.0 point.  Last month’s 3.2-point advantage was similar to a 3.5-point spread in the manufacturing PMIs.  The U.S. advantage in manufacturing also widened during the first half of 2014.  […] More