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U.S. Services Purchasing Managers Index (PMI)

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U.S. Services Purchasing Managers Index (PMI)

Frequency

Delivery Method

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Status

 
Latest Release
Aug 03, 2017
Actual
54.7
Forecast
54.2
Previous
54.2
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
Aug 23, 2017 (Aug) 23:45     54.9 54.7
Aug 03, 2017 (Jul) 23:45 54.7 54.2 54.2
Jul 24, 2017 (Jul) 23:45   54.2 54.0 54.2
Jul 06, 2017 (Jun) 23:45 54.2 53.0 53.0
Jun 23, 2017 (Jun) 23:45   53.0 53.7 53.6
Jun 05, 2017 (May) 23:45 53.6 54.1 54.0

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 - 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
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...

Kathy Lien
Dollar Rises On Yellen's NFP Take By Kathy Lien - Jul 08, 2017

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Next week is Fed Chair Janet Yellen’s semiannual testimony before Congress and the U.S. dollar’s performance tells ...

Services PMI Discussion

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