U.S. and Euroland PMI indicies

U.S. and Euro Zone Service-Sector Activity

May 4, 2012

Service-sector activity slowed in the United States last month, but the rate of contraction in Euroland services quickened, leaving their relative positions to one another little change.  The purchasing manager spread between the two indices favored the U.S. by 6.6 points.  Adding that differential to the manufacturing PMI spread of 8.9 yields a sum of […] More