United States Services PMI  2013-2017 | Data | Chart | Calendar | Forecast

The IHS Markit US Services PMI came in at 56 in August of 2017, below a preliminary reading of 56.9 but above 54.7 in July. The reading pointed to the strongest expansion in the services sector since November of 2015 as activity and new business increased sharply amid high client demand. In addition, employment rose the most in nearly two years while both input and output inflation continued to went up. Business confidence among service providers remained robust in August, with the degree of positive sentiment reaching a seven-month high. 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 58.80 56.30 77.50 29.40 [+]
Manufacturing PMI 52.80 53.30 57.90 50.70 [+]
Non Manufacturing PMI 55.30 53.90 62.00 37.60 percent [+]
Services PMI 56.00 54.70 61.00 49.30 Index Points [+]
Composite Pmi 55.30 54.60 61.00 50.00 Index Points [+]
Industrial Production 1.50 2.40 62.00 -33.70 percent [+]
Industrial Production Mom -0.90 0.40 16.60 -10.40 percent [+]
Manufacturing Production 1.50 1.40 67.90 -39.40 percent [+]
Capacity Utilization 76.12 76.88 89.40 66.70 percent [+]
Durable Goods Orders -6.80 6.40 22.10 -17.90 percent [+]
Durable Goods Orders Ex Defense -7.80 6.40 24.80 -18.60 percent [+]
Durable Goods Orders Ex Transportation 0.50 0.10 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.50 0.10 4.60 -7.30 percent [+]
New Orders 466360.00 481081.00 565232.00 223500.00 USD Million [+]
Factory Orders -3.30 3.20 10.20 -9.40 percent [+]
Business Inventories 0.20 0.50 1.30 -2.00 percent [+]
Changes in Inventories 1.80 1.20 132.20 -206.10 USD Billion [+]
Wholesale Inventories 0.60 0.60 2.10 -2.00 percent [+]
Bankruptcies 23443.00 23591.00 82446.00 19695.00 Companies [+]
Corporate Profits 1655.60 1642.70 1741.40 14.40 USD Billion [+]
NFIB Business Optimism Index 105.30 105.20 107.70 80.10 Index Points [+]
Philadelphia Fed Manufacturing Index 23.80 18.90 58.50 -57.90 Index Points [+]
Richmond Fed Manufacturing Index 14.00 14.00 27.00 -44.00 Index Points [+]
Ism New York Index 56.60 62.80 88.80 23.40 percent [+]
NY Empire State Manufacturing Index 24.40 25.20 38.99 -34.30 Index Points [+]
Dallas Fed Manufacturing Index 17.00 16.80 46.60 -59.50 Index Points [+]
Chicago Fed National Activity Index -0.01 0.16 2.73 -5.11 [+]
Chicago Pmi 58.90 58.90 78.80 21.40 Index Points [+]
Total Vehicle Sales 16.14 16.77 21.77 9.05 Million [+]
Car Production 3.02 2.62 9.92 1.29 Million Units [+]
Car Registrations 502.59 580.98 1149.00 331.50 Thousand [+]
Crude Oil Stocks Change 4.59 5.88 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 97.00 91.00 147.00 -287.00 Billion cf [+]
Gasoline Stocks Change -2125.00 -8428.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 182.28 181.78 182.29 70.21 Index Points [+]
Small Business Sentiment 51.67 49.03 59.12 48.35 [+]
Steel Production 7071.00 6707.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 9.70 10.40 108.20 -28.80 percent [+]
Ease of Doing Business 8.00 7.00 8.00 4.00 [+]
Competitiveness Index 5.70 5.61 5.79 5.42 Points [+]
Competitiveness Rank 3.00 3.00 7.00 1.00 [+]
Corruption Index 74.00 76.00 78.00 71.00 Points [+]
Corruption Rank 18.00 16.00 24.00 14.00 [+]


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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
56.00 54.70 61.00 49.30 2013 - 2017 Index Points Monthly




services pmi by Country

Last
Australia 53.00 Aug/17
Brazil 49.00 Aug/17
China 52.70 Aug/17
Euro Area 55.60 Sep/17
France 57.10 Sep/17
Germany 55.60 Sep/17
India 47.50 Aug/17
Italy 55.10 Aug/17
Japan 51.60 Aug/17
Russia 54.20 Aug/17
Spain 56.00 Aug/17
United Kingdom 53.20 Aug/17
United States 56.00 Aug/17