U.S. and euro area service sector PMI surveys

Service-Sector PMI Spread Narrowed in December But U.S. Retained a Large Composite Advantage

January 5, 2012

The U.S. Minus Euroland service sector purchasing manager differential fell to a four-month low of +3.8 points.  Such had crested at 6.5 points in October.  As in the case of manufacturing, the U.S. index was above 50, signifying a positive trend in activity but at a less rapid pace than in October or November.  In […] More