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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
Oct 04, 2017
Actual
55.3
Forecast
55.1
Previous
55.1
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
Nov 04, 2017 (Oct) 01:45      
Oct 25, 2017 (Oct) 00:45     55.6 55.3
Oct 05, 2017 (Sep) 00:45 55.3 55.1 55.1
Sep 23, 2017 (Sep) 00:45   55.1 55.9 56.0
Sep 07, 2017 (Aug) 00:45 56.0 56.8 56.9
Aug 24, 2017 (Aug) 00:45   56.9 54.9 54.7

News

The week ahead: 5 things to watch on the economic calendar
The week ahead: 5 things to watch on the economic calendar By Investing.com - Aug 20, 2017

Investing.com - Global financial markets will focus on the annual meeting of top central bankers and economists in Jackson Hole, Wyoming, where the heads of the U.S. and European central banks will be...

The Week Ahead: 5 Things to Watch on the Economic Calendar
The Week Ahead: 5 Things to Watch on the Economic Calendar By Investing.com - Jun 18, 2017

Investing.com - Following a busy week packed with central bank meetings, market players will focus on a handful of Federal Reserve speakers in the week ahead, as they look for more clues on future ...

Analysis

Kathy Lien
4 Reasons Why Euro Took A Hit By Kathy Lien - Aug 23, 2017

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. After hitting a high of 1.1825, the euro sapped a two-day rally to end the day lower against the U.S. dollar. Unlike other ...

Kathy Lien
Dollar Snaps Back But Gains May Not Last By Kathy Lien - Jul 25, 2017

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The U.S. dollar started the week firmer against many currencies including the euro, Japanese yen and New Zealand dollar. After...

Services PMI Discussion

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