June final Markit US services index 47.9 vs 46.9 expected

Author: Adam Button | Category: News

The June survey from Markit

June final Markit US services index
  • Prelim was 46.7
  • Prior was 37.5
  • Composite PMI 47.9 vs 46.8 prelim
This is a good signal ahead of the ISM non-manufacturing index due at the top of the hour. The consensus is 50.2 but given that US data has routinely beat expectations, I'd expect the market is closer to 51-52.

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