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January 2016 US Markit services PMI final 53.2 vs 53.74 exp

Final January 2016 US Markit services PMI

  • Flash 53.7 . Dec 54.3
  • Employment 54.3 vs 54.3 flash. Dec 53.1
  • Composite 53.2 vs 53.7 flash, Dec 54.0

That takes services to the lowest since Oct 2013

That's manufacturing going south, services going south. If the ISM non-manufacturing goes south there's not a lot left in the GDP pie that's pointing north. Heaven help us if jobs start turning south too.

Three guesses which way the buck is heading right now? ;-)

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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