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

The IHS Markit US Services PMI was revised higher to 53.5 in September of 2018 from a preliminary reading of 52.9. Still, it fell from 54.8 in August, pointing to the slowest growth in the services sector since January. Input prices rose strongly, mainly due to greater demand for inputs and the ongoing effects of tariffs and output price inflation was the highest on record. On the other hand, new business increased faster amid improved client demand; capacity pressures went up; employment rose at the joint-quickest rate since June of 2014; and backlogs also rose, ending a two-month period of contraction. Finally, business confidence was the lowest since December amid concerns linked to competition for new work, despite favorable demand conditions. 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 59.80 61.30 77.50 29.40 Index Points [+]
Manufacturing PMI 55.60 54.70 57.90 50.70 [+]
Services PMI 53.50 54.80 61.00 49.30 Index Points [+]
Non Manufacturing PMI 61.60 58.50 62.00 37.60 [+]
Composite Pmi 53.90 54.70 61.00 50.00 Index Points [+]
Industrial Production 5.10 4.90 62.00 -33.70 percent [+]
Industrial Production Mom 0.30 0.40 16.60 -10.40 percent [+]
Manufacturing Production 3.50 3.10 67.90 -39.40 percent [+]
Capacity Utilization 78.10 78.10 89.39 66.71 percent [+]
Durable Goods Orders 4.50 -1.20 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense 2.60 -0.60 26.00 -19.70 percent [+]
Durable Goods Orders Ex Transportation 0.10 0.20 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.10 0.10 4.60 -7.20 percent [+]
New Orders 510466.00 498925.00 565232.00 223500.00 USD Million [+]
Factory Orders 2.30 -0.50 10.60 -10.00 percent [+]
Business Inventories 0.50 0.70 1.30 -2.00 percent [+]
Changes in Inventories -36.81 30.34 166.37 -245.13 USD Billion [+]
Wholesale Inventories 1.00 0.60 2.10 -2.00 percent [+]
Bankruptcies 22245.00 23106.00 82446.00 19695.00 Companies [+]
Corporate Profits 2007.53 1965.29 2007.53 14.70 USD Billion [+]
NFIB Business Optimism Index 107.90 108.80 108.80 80.10 Index Points [+]
Ism New York Index 72.50 76.50 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 22.20 22.90 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 21.10 19.00 39.00 -35.10 Index Points [+]
Richmond Fed Manufacturing Index 29.00 24.00 29.00 -44.00 Index Points [+]
Chicago Fed National Activity Index 0.18 0.18 2.76 -5.21 [+]
Dallas Fed Manufacturing Index 28.10 30.90 47.10 -60.10 Index Points [+]
Chicago Pmi 60.40 63.60 81.00 20.70 Index Points [+]
Car Production 2.45 3.00 9.92 1.29 Million Units [+]
Car Registrations 445.58 464.21 1149.00 331.50 Thousand [+]
Total Vehicle Sales 17.44 16.72 21.77 9.05 Million [+]
Crude Oil Stocks Change 6.49 5.99 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 81.00 90.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change -2016.00 951.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 123.89 123.61 123.89 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 -2.10 9.75 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 869.00 861.00 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 85.64 84.84 85.64 5.42 Points [+]
Competitiveness Rank 1.00 1.00 7.00 1.00 [+]
Ease of Doing Business 6.00 8.00 8.00 4.00 [+]
Steel Production 7461.00 7275.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 13.40 14.40 108.20 -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 October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
53.50 54.80 61.00 49.30 2013 - 2018 Index Points Monthly




services pmi by Country
Country Last
Australia 52.50 Sep/18
Brazil 46.40 Sep/18
China 53.10 Sep/18
Euro Area 54.70 Sep/18
France 54.80 Sep/18
Germany 55.90 Sep/18
India 50.90 Sep/18
Italy 53.30 Sep/18
Japan 50.20 Sep/18
Russia 54.70 Sep/18
Spain 52.50 Sep/18
United Kingdom 53.90 Sep/18
United States 53.50 Sep/18


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