- Prior 57.1
- New order 55.9 vs 57.8 prior
- Employment 53.8 vs 52.8 Prior
- Composite 56.1 vs 57.2 prior
- New orders 55.8 vs 57.7 prior
- Employment index highest since June 2014
“After the manufacturing PMI showed factory output growth slowing in November to the lowest since
January, the weaker pace of service sector expansion puts the economy on course to grow at a 2.5% annualised rate at best in the fourth quarter. With extreme weather hitting parts of the country, growth could slow even further.” Said Chris Williamson at Markit
US Markit services PMI flash 24 11 2014
There are some signs of the economy stuttering but they’re only small signs right now and it could just be a lack of commitment towards the end of the year. How the data performs in the early part of 2015 will be the more important gauge of the economy.
