- March U.S. PMI Composite Index (final): 59.7 vs. 58.1 consensus and 59.5 prior.
- Reflects fastest upturn in private sector business activity since August 2014.
- "Although the expansion in manufacturing sector production eased, service providers registered a marked rise in output," the IHS Market report said.
- Service Index: 60.4 vs. 60.0 consensus, 59.8 prior.
- In the services, index, the rate of output growth signaled was fastest since July 2014.
Monday, April 5, 2021
March PMI Composite comes in stronger than expected
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