June 2016 US Markit services PMI flash 51.3 vs 50.9 exp

June 2016 US Markit services PMI flash report 27 June 2016

  • Prior 50.9

  • Employment 52.0 vs 52.5 prior

  • Composite 51.3 vs 51.3 prior

  • Employment 52.0 vs 52.3 prior

The expectations were quite wide. Reuters had 50.9 (which I used) and Bloomberg had 51.9. Looking through what was expected, the PMI rose from last month, and that's all that matters.

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