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

The IHS Markit US Services PMI was revised lower to 54.8 in August of 2018 from a preliminary of 55.2 and below 56 in July. The reading pointed to the slowest growth in the services sector since April as new business rose the least in eight months, backlogs contracted for the second month and job creation was the lowest in seven months. Input inflation eased to a five-month low although anecdotal evidence suggested that higher cost burdens stemmed from greater purchases prices (largely driven by tariffs) and a rise in fuel costs. Finally, business confidence improved, driven by planned investment, greater marketing activity and a sustained rise in new business. 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 61.30 58.10 77.50 29.40 Index Points [+]
Manufacturing PMI 54.70 55.30 57.90 50.70 [+]
Services PMI 54.80 56.00 61.00 49.30 Index Points [+]
Non Manufacturing PMI 58.50 55.70 62.00 37.60 [+]
Composite Pmi 54.70 55.70 61.00 50.00 Index Points [+]
Industrial Production 4.90 4.00 62.00 -33.70 percent [+]
Industrial Production Mom 0.40 0.40 16.60 -10.40 percent [+]
Manufacturing Production 3.10 2.60 67.90 -39.40 percent [+]
Capacity Utilization 78.08 77.90 89.39 66.71 percent [+]
Durable Goods Orders -1.70 0.70 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense -1.00 1.20 26.00 -19.70 percent [+]
Durable Goods Orders Ex Transportation 0.20 0.10 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.20 0.40 4.60 -7.20 percent [+]
New Orders 497754.00 501718.00 565232.00 223500.00 USD Million [+]
Factory Orders -0.80 0.60 10.60 -10.00 percent [+]
Business Inventories 0.60 0.10 1.30 -2.00 percent [+]
Changes in Inventories -26.93 30.34 166.37 -245.13 USD Billion [+]
Wholesale Inventories 0.60 0.10 2.10 -2.00 percent [+]
Bankruptcies 22245.00 23106.00 82446.00 19695.00 Companies [+]
Corporate Profits 2012.60 1965.30 2012.60 14.70 USD Billion [+]
NFIB Business Optimism Index 108.80 107.90 108.80 80.10 Index Points [+]
Ism New York Index 76.50 75.00 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 22.90 11.90 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 19.00 25.60 39.00 -35.10 Index Points [+]
Richmond Fed Manufacturing Index 24.00 20.00 27.00 -44.00 Index Points [+]
Chicago Fed National Activity Index 0.13 0.48 2.76 -5.21 [+]
Dallas Fed Manufacturing Index 30.90 32.30 47.10 -60.10 Index Points [+]
Chicago Pmi 63.60 65.50 81.00 20.70 Index Points [+]
Car Production 2.45 3.00 9.92 1.29 Million Units [+]
Car Registrations 464.21 525.48 1149.00 331.50 Thousand [+]
Total Vehicle Sales 16.72 16.77 21.77 9.05 Million [+]
Crude Oil Stocks Change -2.06 -5.30 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 86.00 69.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change -1719.00 1250.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 123.61 123.25 123.61 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 1.25 -8.64 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 867.00 860.00 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 7275.00 6847.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 14.10 12.70 108.20 -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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
54.80 56.00 61.00 49.30 2013 - 2018 Index Points Monthly




services pmi by Country
Country Last
Australia 52.20 Aug/18
Brazil 46.80 Aug/18
China 51.50 Aug/18
Euro Area 54.40 Aug/18
France 55.40 Aug/18
Germany 55.00 Aug/18
India 51.50 Aug/18
Italy 52.60 Aug/18
Japan 51.50 Aug/18
Russia 53.30 Aug/18
Spain 52.70 Aug/18
United Kingdom 54.30 Aug/18
United States 54.80 Aug/18


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