U.S. Services Purchasing Managers Index (PMI)

USD
Actual
52.5
Forecast
52.9
Previous
51.4
Latest Release
Feb 05, 2024
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 22, 2024 (Feb) 16:45 - 52.4
52.5
Feb 05, 2024 (Jan) 16:45 52.5 52.9
51.4
Jan 24, 2024 (Jan) 16:45 52.9 51.0
51.4
Jan 04, 2024 (Dec) 16:45 51.4 51.3
50.8
Dec 15, 2023 (Dec) 16:45 51.3 50.6
50.8
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