U.S. and eurozone manufacturing purchasing managers indices

Manufacturing PMI Differential Narrowed Further

March 2, 2015

The spread between the U.S. purchasing managers index, compiled by the Institute of Supply Management, and Euroland’s PMI, compiled by Markit Economics, fell 0.6 points to a ten-month low of +1.9 points.  All of that reduction resulted from a lower U.S. reading.  Euroland’s unchanged 51.0 PMI in manufacturing masked very diverse conditions among its members, […] More