USA, tertiary slowdown but services PMI is slightly above expectations

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(Tiper Stock Exchange) – The slowdown is confirmed in the services sector in the United States in November. The final services PMI index, compiled by S&P Global-Markit, has reached 46.2 points from 47.8 in the previous month, even if it is barely above the 46.1 points of the preliminary estimate.

The index, which represents a survey of purchasing managers of companies active in the tertiary sector, therefore remains below the threshold of 50 points, which acts as a watershed between expansion and contraction.

It also goes down the composite indexwhich also takes into account the change in the manufacturing PMI, which stands at 46.4 pointscompared to 48.2 points in the previous month and ai 46.3 points of the flash estimate.

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