US March services sector activity rises to highest since August - Markit

Financial firm Markit said its final reading of its Purchasing Managers Index for the services sector rose to 59.2 in March from 57.1 in February. The March reading was the highest level since August and was above the preliminary, or "flash," reading of 58.6. Markit's March reading of employment at service companies rose to 54.0, up from 52.7 in February and its highest reading since June. Markit's composite PMI, a weighted average of its manufacturing and services indexes, rose to 59.2 in March, its best reading since August, from 57.2 in February.

via Business News http://ift.tt/1aaVwjd