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

The IHS Markit US Services PMI was confirmed at 56.5 in June of 2018, the same as in the preliminary estimate and slightly below 56.8 in May, which was the highest reading since April of 2015. Yet, the rise in services output was the second-fastest since April of 2015 amid greater client demand and acquisition of new customers. New business growth slowed to a three-month low but remained robust and job creation was the second-fastest since September of 2015. Also, input inflation accelerated and higher input costs were partly passed on to clients. Despite easing to a three-month low, business confidence regarding the year ahead remained elevated, driven by robust client demand and the widepsread anticipation of further order book growth. Considering the second quarter, the average PMI was 56, signalling the strongest quarterly expansion in the services sector in three years. 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 60.20 58.70 77.50 29.40 Index Points [+]
Manufacturing PMI 55.40 56.40 57.90 50.70 [+]
Services PMI 56.50 56.80 61.00 49.30 Index Points [+]
Non Manufacturing PMI 59.10 58.60 62.00 37.60 [+]
Composite Pmi 56.20 56.60 61.00 50.00 Index Points [+]
Industrial Production 3.80 3.20 62.00 -33.70 percent [+]
Industrial Production Mom 0.60 -0.50 16.60 -10.40 percent [+]
Manufacturing Production 1.90 1.20 67.90 -39.40 percent [+]
Capacity Utilization 78.00 77.70 89.39 66.71 percent [+]
Durable Goods Orders -0.60 -1.00 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense -1.50 -1.50 26.00 -19.70 percent [+]
Durable Goods Orders Ex Transportation -0.30 1.90 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.70 0.90 4.60 -7.20 percent [+]
New Orders 498174.00 494448.00 565232.00 223500.00 USD Million [+]
Factory Orders 0.40 -0.40 10.60 -10.00 percent [+]
Business Inventories 0.40 0.30 1.30 -2.00 percent [+]
Changes in Inventories 13.86 15.56 132.20 -206.10 USD Billion [+]
Wholesale Inventories 0.60 0.10 2.10 -2.00 percent [+]
Bankruptcies 23106.00 23157.00 82446.00 19695.00 Companies [+]
Corporate Profits 1920.00 1767.00 1920.00 14.40 USD Billion [+]
NFIB Business Optimism Index 107.20 107.80 107.80 80.10 Index Points [+]
Ism New York Index 55.00 56.40 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 25.70 19.90 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 22.60 25.00 39.00 -35.10 Index Points [+]
Richmond Fed Manufacturing Index 20.00 16.00 30.00 -44.00 Index Points [+]
Chicago Fed National Activity Index -0.15 0.42 2.76 -5.16 [+]
Dallas Fed Manufacturing Index 36.50 26.80 47.10 -60.10 Index Points [+]
Chicago Pmi 64.10 62.70 81.00 20.70 Index Points [+]
Car Production 2.72 2.70 9.92 1.29 Million Units [+]
Car Registrations 525.48 461.17 1149.00 331.50 Thousand [+]
Total Vehicle Sales 17.47 16.91 21.77 9.05 Million [+]
Crude Oil Stocks Change 5.84 -12.63 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 46.00 51.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change -3165.00 -694.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 123.07 122.91 184.16 70.21 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 0.63 -6.80 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 858.00 863.00 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 7107.00 6930.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 12.90 12.60 108.20 -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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
56.50 56.80 61.00 49.30 2013 - 2018 Index Points Monthly




services pmi by Country
Country Last
Australia 63.00 Jun/18
Brazil 47.00 Jun/18
China 53.90 Jun/18
Euro Area 55.20 Jun/18
France 55.90 Jun/18
Germany 54.50 Jun/18
India 52.60 Jun/18
Italy 54.30 Jun/18
Japan 51.40 Jun/18
Russia 52.30 Jun/18
Spain 55.40 Jun/18
United Kingdom 55.10 Jun/18
United States 56.50 Jun/18


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