U.S and Euroland PMIs

U.S. Non-Manufacturing PMI and Euroland’s Service-Sector PMI Fell in December But Not Below a 50 Reading

January 7, 2019

The ISM’s non-manufacturing U.S. purchasing managers index declined 3.1 points in December to a 5-month low of 57.6. This slowdown in positive growth was led by lessening production/sales, whose subindex retraced 5.3 points. The report also revealed slower employment conditions and less inflation intensity. The IHS service sector PMI fell by 2.2 points last month […] More

U.S. Non-Manfacturing PMI and Ezone Services PMI

May 4, 2017

The U.S. non-manufacturing purchasing managers index rose 2.3 points to 57.5 in April, signifying a robust expansion whose rate of growth accelerated significantly that month. Production (up 3.5 to 62.4), orders (up 4.3 to 63.2) and prices (up 4.1 to 57.6) each expanded much more quickly than in March, while jobs continued to grow slowly. […] More

A Wider U.S.-Minus-Euroland Factory PMI Differential

October 1, 2013

In September, the U.S. purchasing managers index for manufacturing rose by 0.5 point, while the comparable Ezone index dipped 0.3 points.  As a result, the spread between the two indices widened to 5.1 points, matching July’s biggest U.S. advantage since February.  The advance of the U.S. index was led by stronger growth in jobs and […] More

April Purchasing Manager Survey Results: United States Versus Euro Area

May 2, 2011

The U.S. minus Euroland PMI spread narrowed to +2.4 points in April from 3.7 points in March.  The spread’s width has lately been pretty trendless, although oscillating to a fair degree.  Its  width changed direction in each of the past six months.  It also was +2.4 points in February and averaged +2.7 from October through […] More