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United States Services PMI

Discussion in 'Market News' started by Jonathan, Oct 9, 2015.

  1. Jonathan

    Jonathan Forum Member

    Aug 29, 2015
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    The final Markit US Services PMI came in at 55.1 in September of 2015, lower than a flash reading of 55.6 and a final 55.7 in August, reaching the lowest since June. Business activity and new work growth slowed while input cost inflation eased and average prices declined slightly. Services PMI in the United States averaged 56.33 Index Points from 2013 until 2015, reaching an all time high of 61 Index Points in June of 2014 and a record low of 49.30 Index Points in October of 2013. Services PMI in the United States is reported by Markit Economics. Markit US Services PMI (Purchasing Managers' Index) is based on data collected from a representative panel of over 400 private sector companies covering transport and communication, financial intermediaries, business and personal services, computing & IT and hotels and restaurants. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining. . This page provides the latest reported value for - United States Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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