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U.S. Services PMI

 
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U.S. Services PMI

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Latest Release
Jun 03, 2016
Actual
51.3
Forecast
51.2
Previous
51.2
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 PMI
 
Release Date Time Actual Forecast Previous
Jul 06, 2016 (Jun) 09:45      
Jun 27, 2016 (Jun) 09:45       51.3
Jun 03, 2016 (May) 09:45 51.3 51.2 51.2
May 25, 2016 (May) 09:45   51.2 53.1 52.8
May 04, 2016 (Apr) 09:45 52.8 52.1 52.1
Apr 26, 2016 (Apr) 09:45   52.1 52.3 51.3

News

text
Fed watching Q2 GDP growth amid disparate forecasts By Investing.com - May 30, 2016

Investing.com - The Federal Reserve (Fed) made it blatantly clear in May that they were mulling plans for a summer rate hike and that the final decision would be data dependent, but forecasts for ...

Analysis

Gary Gordon
Stocks Were Cheaper During The Dot-Com Boom By Gary Gordon - Jun 16, 2016

According to the Goldman Sachs Group's (NYSE:GS) Current Activity Indicator (CAI), economic well-being peaked in November of 2014. The erosion from 4.1% down to 1.3% over the last 18 months ...

Services PMI Discussion

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