JPMorgan Global PMI: Global Report on Services - April 4, 2013
Global Service Sector Maintains Steady Growth Pace in March
At 53.4 in March, little-changed from February's four-month low of 53.2, the JPMorgan Global Services Business Activity Index — a composite index produced by JPMorgan and Markit in association with ISM and IFPSM — nonetheless signaled expansion for the forty-fourth month in a row.
March data pointed to a broad-based expansion of global service sector business activity. The US remained the strongest performer, recording growth above the global average for the fortieth successive month.