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U.S. Services Purchasing Managers Index (PMI)

Latest Release

May 04, 2022

Actual

55.6

Forecast

54.7

58.0

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

Release Date	Time	Actual	Forecast	Previous
Jun 03, 2022 (May)	15:45
May 24, 2022 (May)	15:45			55.6
May 04, 2022 (Apr)	15:45	55.6	54.7	58.0
Apr 22, 2022 (Apr)	15:45	54.7	58.0	58.0
Apr 05, 2022 (Mar)	15:45	58.0	58.9	56.5
Mar 24, 2022 (Mar)	15:45	58.9	56.0	56.5

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