Markit U.S. Services PMI–final data | Forex Factory

  • Markit U.S. Services PMI–final data

    From markiteconomics.com

    March data pointed to a further increase in business activity across the U.S. service sector, and the rate of expansion accelerated from the snow-related four-month low seen during February. However, job creation remained only modest in March, partly reflecting a moderation in new business growth to its weakest for a year-and-a-half. At 55.3 in March (55.5 flash), up from 53.3 in February, the Markit U.S. Services PMI Business Activity Index signalled a marked acceleration in service sector output growth following disruptions to business activity amid adverse weather conditions in the pre vious month. The index has ... (full story)

Comment Options
Pip Anon
Apr 3, 2014 9:03am
Permalink
I love how the S&P have continuously made highs on poor data.

We can blame the Fed, other market performances, etc. However, the end result of a market's refusal to decline is called a bubble. I'm just curious on how many people will be without a chair when the music stops.
Reply

  • Related Stories

There are no posts to display for these settings.
  • Story Stats