Markit US services PMI 36.9 vs 32.5 expected

Author: Adam Button | Category: News

The latest survey data from Markit

  • Prior was 26.7
  • Manufacturing 39.8 vs 40.0
  • Prior manufacturing 36.1
  • Composite 36.4 vs 27.0 prior
  • Full release
  • Services new business 36.5 vs 26.1
  • Manufacturing new orders 34.1 vs 28.8
Markit: "We anticipate that GDP will decline at an annualised rate of around 37% in the second quarter, and it will take the economy two years to regain the pre-pandemic peak."

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