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Markit Services PMI: “Slowest new business growth since October 2017”

Summary:
[unable to retrieve full-text content] The November US Services Purchasing Managers' Index conducted by Markit came in at 54.7 percent, down 0.1 from the final October estimate of 54.8. The Investing.com consensus was for 54.4 percent. Markit's Services PMI is a diffusion index: A reading above 50 indicates expansion in the sector; below 50 indicates contraction.

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The November US Services Purchasing Managers' Index conducted by Markit came in at 54.7 percent, down 0.1 from the final October estimate of 54.8. The Investing.com consensus was for 54.4 percent. Markit's Services PMI is a diffusion index: A reading above 50 indicates expansion in the sector; below 50 indicates contraction.

Doug Short
My original dshort.com website was launched in February 2005 using a domain name based on my real name, Doug Short. I'm a first wave boomer with a Ph.D. in English from Duke and a lifelong interest in economics and finance. In 2011 my website was acquired by Advisor Perspectives.

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