U.S. and euro area PMIs

Euroland’s Manufacturing PMI Moved Above the U.S. PMI Last Month

May 3, 2021

The IHS-compiled manufacturing purchasing managers index moved above the ISM-compiled U.S. manufacturing PMI for the first time since January 2018. This crossing of the lines stemped from an unexpected 4.0-point decline in the U.S. index even as the euro area index rose 0.4 additional points to a record high. It should be noted, however, that […] More

Service-Sector PMIs Show Wider U.S. Advantage

May 6, 2014

The U.S. non-manufacturing purchasing managers index jumped by 2.1 points to an 8-month high of 55.2 in April.  With Euroland’s equivalent measure rising just a point to 53.1, the differential between the two indices increased to 2.1 points from 1.0 point in March and negative 1.0 point in February.  Considerably faster growth in U.S. sales […] More