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U.S. Services Purchasing Managers Index (PMI)

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U.S. Services Purchasing Managers Index (PMI)

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Delivery Method

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Status

 
Latest Release
Apr 23, 2018
Actual
54.4
Forecast
54.3
Previous
54.0
The Service PMI release is published monthly by Markit Economics. The data are based on surveys of over 400 executives in private sector service companies. The surveys cover transport and communication, financial intermediaries, business and personal services, computing & IT, hotels and restaurants. 
An index level of 50 denotes no change since the previous month, while a level above 50 signals an improvement, and below 50 indicates a deterioration. A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.
Importance:
Country:
Currency: USD
Source: Markit
U.S. Services Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
May 03, 2018 (Apr) 19:15     54.4
Apr 23, 2018 (Apr) 19:15   54.4 54.3 54.0
Apr 04, 2018 (Mar) 19:15 54.0 54.3 54.1
Mar 22, 2018 (Mar) 19:15   54.1 56.1 55.9
Mar 05, 2018 (Feb) 20:15 55.9 55.9 55.9
Feb 21, 2018 (Feb) 20:15   55.9 53.8 53.3

News

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Analysis

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By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. On Wednesday we have the Federal Reserve’s second-to-last monetary policy announcement of the year and while no changes...

Services PMI Discussion

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