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JPMorgan Global PMI: Global Report on Services - March 5, 2014

Growth of Global Service Sector Slows

The rate of expansion in global services business activity lost momentum in February, as the US registered a marked growth slowdown and Japan slipped back into contraction territory.

At 52.5 in February, the J.P.Morgan Global Services Business Activity Index — a composite index produced by J.P.Morgan and Markit in association with ISM and IFPSM — signaled expansion for the seventeenth successive month. The rate of increase in incoming new business accelerated slightly from January's three-month low.



JPMorgan Global PMI: Global Report on Services - March 5, 2014 - 248KB - (PDF)

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