U.S. services PMI

Service-Sector U.S.-Minus-Ezone PMI Spread Remained Small in January

February 5, 2014

For a sixth straight month, service sector activity expanded in both the United States and euro area, and the pace of expansion accelerated in each case last month.  That’s the message from their respective purchasing manager indices released today.  The U.S. index increased a whole point to 54.0, a two-month high, and embodied advances of […] More

Bigger U.S. Advantage over Ezone in Services

November 6, 2013

The differential between the U.S. and Euroland service sector purchasing manager indices increased by 1.3 points to 3.5 in October.  That spread was still much smaller than August’s differential and indeed the tightest spread since August 2011.  Each region has posted PMI indices of more than 50.0 in both manufacturing and non-manufacturing for the last […] More