S&P Global Services PMI

economic

Updated: 23 Nov, 2:45 pm UTC

Deviation

-1.6999999999999957%

Consensus

47.9%

47.8%

Actual

46.1%

Description

Source: United States

The Services Purchasing Managers Index (PMI) released by Markit Economics captures business conditions in the services sector. As the services sector dominates a large part of total GDP, the services PMI is an important indicator of the overall economic condition in US. A result above 50 signals is bullish for the USD, whereas a result below 50 is seen as bearish.

Historical Data

Date	Actual	Previous	Deviation	Consensus
Nov 23, 2022	46.10	47.80	-1.70	47.90
Nov 3, 2022	47.80	46.60	1.20	46.60
Oct 24, 2022	46.60	49.30	-2.70	49.20
Oct 5, 2022	49.30	49.20	0.10	49.20
Sep 23, 2022	49.20	43.70	5.50	45.00
Sep 6, 2022	43.70	44.10	-0.40	44.10
Aug 23, 2022	44.10	47.30	-3.20	49.20
Aug 3, 2022	47.30	47.00	0.30	47.00