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Here comes Markit services PMI ...

Akin Oyedele   

Here comes Markit services PMI ...
Stock Market1 min read

Markit Economics will release its preliminary overview of the US services sector in April at 9:45 a.m. ET.

The consensus forecast for the flash purchasing manager's index (PMI) is 52.

That would be up from 51.3 in the final March reading, which signaled a rebound for the sector that gave economists a bit of a scare in the prior months as it slowed down.

And so, this reading is expected show that the part of the economy that contributes the most to output is far from signaling a recession.

We'll have the latest when the data cross, so refresh this page for updates.

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