United States services pmi

United States’s services pmi decreased to 51.3 by -1.0% on May 2024 from 51.7 in the previous month. On a year on year basis United States’s services pmi decreased by -7.0%. United States’s services pmi trend is down since the current value of 51.3 is lower than the 12 month moving average of 51.63. and the 12 month moving average slope is down.United States’s services pmi 1-year percentile is currently at 67.0 5-year percentile is currently at 35.0%. MacroVar monitors the factors of Momentum, Trend for United States services pmi.

A detailed analysis can be found here