Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.
A doorman cleans the front door glass of his building on the Upper East Side of Manhattan on April 14, 2010 in New York City. New York City doormen, handymen, porters, and other apartment workers are threatening to strike next Wednesday unless they get to keep all their health benefits and sick days. The union representing the doormen, SEIU 32BJ, says 3,200 apartment buildings could be affected by a strike.Spencer Platt/Getty Images
Markit Economics will release preliminary results of its survey of US service providers at 9:45 a.m. ET.
Advertisement
Economists forecast that the purchasing manager's index (PMI) rose in December to 55.2 from 54.6, according to Bloomberg. A PMI reading above 50 would show continued expansion in the most active part of the US economy.
Some companies told Markit last month that their clients were more willing to spend post-election, as a lot of the uncertainty had lifted.
Service providers said they hired more workers in November, although the pace of job creation was weaker than the post-recession average rate. They remained optimistic about the economy's growth prospects over the next year.
