The Housing Chronicles Blog: Markit Purchasing Managers Index eases slightly in November to 54.6

Monday, November 27, 2017

Markit Purchasing Managers Index eases slightly in November to 54.6

November data pointed to another solid increase in U.S. private sector output, supported by sustained growth in both manufacturing and services activity. At 54.6, the seasonally adjusted IHS Markit Flash U.S. Composite PMI Output Index was above the 50.0 no-change threshold, but eased from 55.2 in October.

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