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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
Apr 05, 2021
Actual
60.4
Forecast
60.0
Previous
59.8
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
Apr 23, 2021 (Apr) 09:45     60.0 60.4
Apr 05, 2021 (Mar) 09:45 60.4 60.0 59.8
Mar 24, 2021 (Mar) 09:45   60.0 60.0 59.8
Mar 03, 2021 (Feb) 10:45 59.8 58.9 58.3
Feb 19, 2021 (Feb) 10:45   58.9 57.6 58.3
Feb 03, 2021 (Jan) 10:45 58.3 57.4 57.5

News

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By Peter Nurse    Investing.com -- Crude oil prices strengthened Tuesday, rebounding on signs of a global economic recovery even with the market set to received additional supply in the next few...

Analysis

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In a flashback to the future, US markets fully returned to work on Monday and partied like it was 2020. Stock markets powered higher; the US dollar fell at the expense of risk-correlated currencies,...

Services PMI Discussion

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