services PMI

U.S. Non-manufacturing Activity Quickened in June Absolutely and Relative the Euro Area

July 6, 2016

The U.S. Institute of Supply Management’s non-manufacturing purchasing managers survey revealed a 3.6-point increase in June to 56.5, implying pretty robust expansion. ┬áThis followed a slowdown in May and raised the rate of expansion to a 7-month high. ┬áThe reacceleration was broadly based, with business activity up 4.4 points, orders up 5.7 points, and jobs […] More