Home Society American PMI is green and happy

American PMI is green and happy

Business activity in the United States increased in November. Research firm Markit reported this on the basis of a provisional figure.

The purchasing managers index for the American industry went to a level of 52.2 from 51.3 a month earlier. Economists generally predicted a level of 51.4 for the indicator, which indicates growth at a level higher than 50.

The index for the US services sector recorded a level of 51.6 for November compared to 50.6 in October. The compiled index was 51.9 against 50.9 in the previous month.

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