Composite index 54.9 versus 54.8
The Markit US services PMI for October 54.8 versus 54.6 preliminary. The prior month came in at 53.5.
- Prices rise to 54.8 vs 53.5 in September; year ago 55.3
- input prices rise to 57.6 versus 56.6 in September. Highest reading since September 2013
- Business expectations arise versus the prior month and is at the highest level since May 2018
- Employment index at 53.4 vs 53.2 preliminary and 55.5 in September
The final composite PMI index for October 54.9 versus 54.8 for the preliminary estimate. The prior month composite index came in at 53.9.
- input prices rise to 58.6 versus 57.5. Highest reading since June 2018
- Future output rises versus the prior month and is at the highest reading since May 2018
- final composite employment index 53.8 versus flash 53.5. Down from September's 55.2. Employment at its lowest since January
