U.S. and eurozone factory PMIs

U.S.-Minus-Ezone Manufacturing Purchasing Managers Differential Almost Zero as Euro Cheapened in July

August 3, 2015

The U.S. manufacturing PMI unexpectedly fell by 0.8 points in July, as the jobs index declined 2.8 points to 52.7 and the prices measure slumped 5.5 points to 44.0.  Even though the Greek PMI sank to a record low of 30.2, other members of the common European currency union showed resilience, and Euroland’s overall factory […] More