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Tuesday, April 26, 2016

Markit April prelim US services PMI 52.1 vs 52.0 expected

  • Prior was 51.3
  • Composite index 51.7 vs 51.3 prior
The index ranged around 55.0 in the second half of 2015 but sank in December and continued lower. This rebound is a small slice of good news but it's still the third-worst reading since Oct 2013.

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