United States Services PMI  2013-2018 | Data | Chart | Calendar | Forecast

The IHS Markit US Services PMI was revised lower to 56 in July of 2018 from a preliminary reading of 56.2 and 56.5 in June. The rise in services output was steep overall, despite softening to the weakest since April. New business growth eased for the third successive month to the slowest since January, but remained well above the trend seen in 2017. On the price front, input cost inflation softened to a three-month low while output inflation was the strongest since September of 2014. Finally, business confidence fell to a six-month low amid concerns surrounding tariffs and their effects on client demand. Services PMI in the United States is reported by Markit Economics.

United States Services PMI
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United States Business Last Previous Highest Lowest Unit
Business Confidence 58.10 60.20 77.50 29.40 Index Points [+]
Manufacturing PMI 55.30 55.40 57.90 50.70 [+]
Services PMI 56.00 56.50 61.00 49.30 Index Points [+]
Non Manufacturing PMI 55.70 59.10 62.00 37.60 [+]
Composite Pmi 55.70 56.20 61.00 50.00 Index Points [+]
Industrial Production 4.20 4.00 62.00 -33.70 percent [+]
Industrial Production Mom 0.10 1.00 16.60 -10.40 percent [+]
Manufacturing Production 2.80 2.30 67.90 -39.40 percent [+]
Capacity Utilization 78.10 78.10 89.39 66.71 percent [+]
Durable Goods Orders 1.00 -0.30 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense 1.50 -1.40 26.00 -19.70 percent [+]
Durable Goods Orders Ex Transportation 0.40 0.30 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.40 0.80 4.60 -7.20 percent [+]
New Orders 501718.00 498174.00 565232.00 223500.00 USD Million [+]
Factory Orders 0.70 0.40 10.60 -10.00 percent [+]
Business Inventories 0.10 0.30 1.30 -2.00 percent [+]
Changes in Inventories -27.92 30.34 166.37 -245.13 USD Billion [+]
Wholesale Inventories 0.10 0.30 2.10 -2.00 percent [+]
Bankruptcies 22245.00 23106.00 82446.00 19695.00 Companies [+]
Corporate Profits 1920.00 1767.00 1920.00 14.40 USD Billion [+]
NFIB Business Optimism Index 107.90 107.20 108.00 80.10 Index Points [+]
Ism New York Index 75.00 55.00 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 11.90 25.70 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 25.60 22.60 39.00 -35.10 Index Points [+]
Richmond Fed Manufacturing Index 20.00 21.00 27.00 -44.00 Index Points [+]
Chicago Fed National Activity Index 0.43 -0.45 2.76 -5.16 [+]
Dallas Fed Manufacturing Index 32.30 36.50 47.10 -60.10 Index Points [+]
Chicago Pmi 65.50 64.10 81.00 20.70 Index Points [+]
Car Production 2.72 2.70 9.92 1.29 Million Units [+]
Car Registrations 525.48 461.17 1149.00 331.50 Thousand [+]
Total Vehicle Sales 16.77 17.24 21.77 9.05 Million [+]
Crude Oil Stocks Change 6.81 -1.35 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 33.00 46.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change -740.00 2900.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 123.25 123.09 123.25 46.91 Index Points [+]
Internet Speed 18747.58 17235.62 18747.58 3609.31 KBps [+]
IP Addresses 128949703.00 127873899.00 146874246.00 89399946.00 IP [+]
API Crude Oil Stock Change 3.66 -6.00 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 869.00 869.00 1609.00 98.00 [+]
Corruption Index 75.00 74.00 78.00 71.00 Points [+]
Corruption Rank 16.00 18.00 24.00 14.00 [+]
Competitiveness Index 5.85 5.70 5.85 5.42 Points [+]
Competitiveness Rank 2.00 3.00 7.00 1.00 [+]
Ease of Doing Business 6.00 8.00 8.00 4.00 [+]
Steel Production 6847.00 7107.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 12.90 13.00 108.20 -28.80 percent [+]


United States Services PMI

Markit US Services PMI (Purchasing Managers' Index) is based on data collected from a representative panel of over 400 private sector companies covering transport and communication, financial intermediaries, business and personal services, computing & IT and hotels and restaurants. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining. . This page provides the latest reported value for - United States Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Services PMI - actual data, historical chart and calendar of releases - was last updated on August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
56.00 56.50 61.00 49.30 2013 - 2018 Index Points Monthly




services pmi by Country
Country Last
Australia 53.60 Jul/18
Brazil 50.40 Jul/18
China 52.80 Jul/18
Euro Area 54.20 Jul/18
France 54.90 Jul/18
Germany 54.10 Jul/18
India 54.20 Jul/18
Italy 54.00 Jul/18
Japan 51.30 Jul/18
Russia 52.80 Jul/18
Spain 52.60 Jul/18
United Kingdom 53.50 Jul/18
United States 56.00 Jul/18


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