At 55.7 in May, up from 54.9 in April, the seasonally adjusted IHS Markit Flash U.S. Composite PMI Output Index was the highest for three months and well above the crucial 50.0 no-change value. A faster rise in service sector output was the key factor behind the acceleration.
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Wednesday, May 23, 2018
May IHS Markit Composite Output Index rises to 55.7, highest in three months
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