The final services sector Purchasing Managers Index compiled by information services company Markit slipped to 57.1 in October from 58.9 in September, hitting its lowest rate since April. Markit had initially estimated the index at 57.3 in its preliminary, or "flash", reading released in late October. Markit's final composite PMI, a weighted average of its manufacturing and services indexes, dipped to 57.2 in October from 59.0 in September. Taken together with Markit's manufacturing activity survey for October, which fell to a three-month low, the data suggests the brisk U.S.
via Business News http://ift.tt/1x3RqTf
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