Breaking News

U.S. Services Purchasing Managers Index (PMI)

Latest Release

Aug 05, 2025

Actual

55.7

Forecast

55.2

52.9

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: S&P Global

Release Date	Time	Actual	Forecast	Previous
Aug 21, 2025 (Aug)	15:45			55.7
Aug 05, 2025 (Jul)	15:45	55.7	55.2	52.9
Jul 24, 2025 (Jul)	15:45	55.2	53.0	52.9
Jul 03, 2025 (Jun)	15:45	52.9	53.1	53.1

News

Dollar slips lower ahead of weekly claims data; sterling awaits BoE decision By Investing.com - Aug 07, 2025

Investing.com - The U.S. dollar slipped slightly lower Thursday as expectations of Federal Reserve rate cuts grew while trade uncertainties remained.. At 04:10 ET (08:10 GMT), the Dollar Index, which...

Gold prices tick higher on fresh U.S. tariff threats, Fed rate cut hopes By Investing.com - Aug 07, 2025

Investing.com -- Gold prices edged higher Thursday, aided by growing safe-haven demand after fresh tariff threats from U.S. President Donald Trump and weak U.S. economic data, which renewed bets on a...

Dollar drifts ahead of FOMC appointment; sterling awaits BoE meeting By Investing.com - Aug 06, 2025

Investing.com - The U.S. dollar drifted in a narrow range Wednesday as attention turned towards who U.S. President Donald Trump would choose to fill a vacancy on the Federal Reserve’s Board of...

Analysis

PMIs Divergence Raises Questions About US Economic Resilience By Ed Yardeni - Aug 05, 2025

The stock and bond markets didn't respond much to the national survey of non-manufacturing purchasing managers this morning, even though it was on the weak side (chart). The overall NM-PMI, which the...

Next Week’s Q2 GDP Data Expected to Report Moderate Growth By James Picerno - Jul 25, 2025

The US economy remains on track to post a moderate recovery in next week’s second-quarter GDP report, according to nowcasts compiled by CapitalSpectator.com. Meanwhile, new PMI survey data for July...

Mixed Data for May Clouds Outlook for US Economy By James Picerno - Jun 05, 2025

May is shaping up to a challenging month for reading the macro tea leaves in an effort to gauge how tariffs are affecting the US economy. Tomorrow’s payrolls report from the Labor Department may...

S&P Global Services PMI Discussion

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