U.S. Services Purchasing Managers Index (PMI)

USD
Actual
46.8
Forecast
46.6
Previous
44.7
Latest Release
Feb 03, 2023
Importance
Source
Markit
Overview
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.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Feb 21, 2023 (Feb) 16:45 - 45.0
46.8
Feb 03, 2023 (Jan) 16:45 46.8 46.6
44.7
Jan 24, 2023 (Jan) 16:45 46.6 45.0
44.7
Jan 05, 2023 (Dec) 16:45 44.7 44.4
46.2
Dec 16, 2022 (Dec) 16:45 44.4 46.8
46.2
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Services PMI News & Analysis
  • © Reuters.  sizes=

    Dow futures remain flat, earnings in focus

    By Oliver Gray  Investing.com - U.S. stock futures were little changed during Monday’s evening trade after major indices finished the regular session higher as investors digested a fresh...

    • Investing.com
  • © Reuters.  sizes=

    Dow futures tick higher, CPI in focus

    By Oliver Gray  Investing.com - U.S. stock futures lifted slightly during Sunday’s overnight deals, after major benchmark averages posted weekly advances as fresh hourly earnings data and a...

    • Investing.com
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