JPMorgan Global PMI: Global Report on Services - May 7, 2013
Growth of Global Service Sector at Ten-Month Low in April
The global service sector expanded at the slowest pace for ten months in April. Growth of new business and employment also eased further.
At 52.1 in April, down from 53.4 in March, the JPMorgan Global Services Business Activity Index — a composite index produced by JPMorgan and Markit in association with ISM and IFPSM — has nonetheless signaled growth of services output in each month since August 2009.