Prior readings in parenthesis:

  • Manufacturing: -16.7 (-18.3)
  • Business-related services: +7.0 (+3.8)
  • Construction: -5.3 (-8.6)
  • Trade: -9.7 (-4.5)
  • Overall: -11.1 (-12.8)

This is a leading indicator for Europe, though it's a small bump and trade is a big drag.