jeudi 26 mars 2015

Sharpest rise in U.S. service sector business activity for six months in March

At 58.6 in March, up from 57.1 in February, the seasonally adjusted Markit Flash U.S. Services PMI™ Business Activity Index–which is based on approximately 85% of usual monthly replies–signalled a robust and accelerated expansion of service sector output. Moreover, the latest index reading was well above the survey average (55.8) and

pointed to the sharpest increase in business activity since September 2014. Survey respondents noted that improving economic conditions, stronger consumer confidence and the launch of new products all helped to boost activity levels in March. March data indicated a strong and accelerated expansion of incoming new work across the U.S.

service sector. The latest increase in new business was the fastest for six months and stronger than the average for 2014 as a whole. Greater workloads contributed to a solid rise in unfinished business at service providers in March, with the rate of backlog

accumulation the steepest since last November. Service sector payroll numbers increased again in March, which extended the current period of job creation to just over five years. Moreover, the rate of employment growth picked up for the third month

running to its fastest since June 2014. Anecdotal evidence linked staff recruitment to rising business activity and sustained improvements in client demand.




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Sharpest rise in U.S. service sector business activity for six months in March

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