Revised 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 revised 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 represents the final figures adjusted based on the initial flash estimates.
The PMI is benchmarked at 50; readings above 50 indicate an expansion in the service sector, while readings below 50 indicate a contraction. The revised values, adjusted from the flash estimates, provide a more accurate reflection of the service industry's economic activity.
This data is essential for policymakers to assess trends in the service sector and formulate appropriate economic policies. It also serves as a vital source of information for businesses and investors to understand the dynamics of the service industry and make informed 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 | ||
