France October final services PMI 51.7 vs 51.3 prelim
Prelim 52.9 Composite PMI 50.2 vs 50.0 Prelim Prelim 51.2 A slightly better revision, but still confirms that business activity in France is slowing down as the general economic situation…
Germany October final services PMI 46.5 vs 44.9 prelim
Previous 5.0 Composite PMI 5.1 vs .1 Initial Previous 5.7 The revision higher indicates that business is contracting more slowly than in September, but overall conditions are still quite moderate.…
S&P Global US services PMI 49.2 vs 45.0 expected
Prior was 43.7 Manufacturing 51.8 vs 51.1 expected Prior manufacturing 51.5 Composite 49.3 vs 44.6 prior Is this a situation where good news is bad news? The Fed wants to see…