Service-sector U.S. and Ezone PMIs

February PMIs: U.S. Has Commanding Lead over Euroland in Both Services and Overall Activity

March 5, 2012

The U.S. service-sector purchasing managers index improved 0.5 points in February, connoting a faster rate of expansion, whereas its euro area counterpart fell by 1.6 point and to less than 50 for the fifth time in six months, implying a contraction of activity. Composite Euroland PMIs in January and February of 50.4 and 49.3 suggest […] More