Preliminary Services PMI in the US
United States| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The flash Services Sector Purchasing Managers' Index (PMI) is an indicator used to assess the economic activity of the service sector in the United States. This data is published monthly by IHS Markit and provides initial, preliminary figures.
The PMI is set with a benchmark of 50; values above 50 indicate that the service sector is expanding, while values below 50 indicate a contraction. The flash value offers an early assessment of the service industry's economic activity and is crucial for understanding the short-term economic outlook.
This data is essential for policymakers to evaluate trends in the service sector and to formulate appropriate economic policies. It also serves as a vital information source for businesses and investors to gauge the service sector's performance and project economic forecasts.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
