While the service sector experienced its seventh consecutive month of expansion, comments from businesses showed the weather played a role as activity softened slightly in May, with a seasonally adjusted PSI for May at 53.3.
PSI
Xmas shows spring in step for service sector – PSI
The service sector continued to show solid activity for the last month of 2009, with a seasonally adjusted PSI for December at 54.4.
Service sector activity picks up heading into Christmas – PSI
The service sector is showing solid activity as Christmas approaches, with a seasonally adjusted PSI for November at 56.0.
October falls flat for service sector activity – PSI
After three months of expansion, the service sector fell flat during October, with a seasonally adjusted PSI for October at 49.9.
Spring boost for service sector activity – PSI
The first month of Spring brought about continued upwards expansion in the service sector, with a seasonally adjusted PSI for September at 53.2.
New orders/business boosts service sector activity for August – PSI
The service sector continued on its road to recovery as the August result provided the first consecutive monthly expansion since early 2008, with a seasonally adjusted PSI for August at 51.3.
Service sector out of decline for first time in 16 months – PSI
The service sector showed its first sign of expansion (albeit at a very modest level) for the first time since March 2008, with a seasonally adjusted PSI for July at 50.1.
New orders/business improves, but sector still contracting – PSI
The service sector continues to show contraction, but new business levels may provide better results in the months ahead, with a seasonally adjusted PSI for June at 45.0
Service sector still in the shadows – PSI
The service sector remains in the shadows, but activity doesn’t appear to be getting any darker, with a seasonally adjusted PSI for May at 46.2.
Service sector not out of the woods yet – PSI
The service sector took a turn for the worse in April, with a seasonally adjusted PSI for April at 43.7
Services sector still weak – PSI
There were positives and negatives in the service sector in March, with a seasonally adjusted PSI for March at 47.1.
Service sector continues weak demand – PSI
Despite experiencing an improvement in activity levels for February, the service sector remains in contraction, with a seasonally adjusted PSI for February at 46.3.