ECONOMICS COMMENTARY
Jan 27, 2014
US: Sharpest rise in services business activity since September 2013
At 56.6 in January, up from 55.7 in December, the Markit Flash U.S. Services PMI" Business Activity Index signalled a further robust expansion of service sector output at the start of 2014. The latest 'flash' PMI reading, which is based on approximately 85% of usual monthly replies, pointed to the steepest rate of service sector growth for four months.
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