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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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Latest Release
Apr 21, 2017
Actual
52.5
Forecast
53.0
Previous
52.8
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, 2017 (Apr) 23:45     52.5
Apr 21, 2017 (Apr) 23:45   52.5 53.0 52.8
Apr 05, 2017 (Mar) 23:45 52.8 53.1 52.9
Mar 24, 2017 (Mar) 23:45   52.9 54.2 53.8
Mar 04, 2017 (Feb) 00:45 53.8 53.9 53.9
Feb 22, 2017 (Feb) 00:45   53.9 55.8 55.6

News

video_hosted
Top 5 things to watch today   By Investing.com - Apr 21, 2017

Investing.com - Eyes on run up to French election.Global stocks show muted trade.European economic activity hits 6-year high with U.S. PMIs on tap.Oil on track for first weekly decline in a month.Fed ...

text
Forex - Dollar steady ahead of Fed statement By Investing.com - Jul 29, 2015

Investing.com - The dollar was steady against the other major currencies on Wednesday, ahead of the Federal Reserve’s rate statement later in the day, which it was hoped would provide more ...

Analysis

Kathy Lien
USD Traders Take Profits On NFP By Kathy Lien - Mar 11, 2017

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Investors took profits on their long U.S. dollar positions on the back of Friday’s nonfarm payrolls report. Job growth ...

Kathy Lien
Will Fed Minutes Jump-Start USD? By Kathy Lien - Feb 22, 2017

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. After a tough week, the U.S. dollar rebounded against all of the major currencies, extending gains that started when U.S. ...

Services PMI Discussion

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