U.S. and euro area manufacturing purchasing manager surveys
Growth in U.S. Manufacturing Slowed Sharply Last Month Both Absolutely and Relative to Euroland Counterpart
January 3, 2019
In contrast to November when the ISM-compiled U.S. purchasing managers index exceeded the IHS-compiled PMI for the euro area by the widest margin in four years, that differential in December narrowed by 4.8 index points in December to an 8-month low of 2.7 points. The U.S. index dropped 5.2 points to a 25-month low of […] More
