United States US Services PMI

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United States US Services PMI: 56 (1.27%)
Last Update: July 31, 2024

United States US Services PMI closed down 56 as of July 31, 2024 from 55.3 from the previous month and 52.3 from last year.


United States US Services PMI Analytics & Data




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United States US Services PMI closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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United States US Services PMI

DateValues
2024-07-31 56
2024-06-30 55.3
2024-05-31 54.8
2024-04-30 51.3
2024-03-31 51.7
2024-02-29 52.3
2024-01-31 52.5
2023-12-31 51.4
2023-11-30 50.8
2023-10-31 50.6
2023-09-30 50.1
2023-08-31 50.5
2023-07-31 52.3
2023-06-30 54.4
2023-05-31 54.9
2023-04-30 53.6
2023-03-31 52.6
2023-02-28 50.6
2023-01-31 46.8
2022-12-31 44.7
2022-11-30 46.2
2022-10-31 47.8
2022-09-30 49.3
2022-08-31 43.7

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United States US Services PMI Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
US Services PMIus.servpmi56.055.3111UPUP822024-08-31

United States US Services PMI Factors

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United States US Services PMI Historical Data

The MacroVar database offers free access to historical data for the United States US Services PMI, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of United States US Services PMI data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the United States US Services PMI

The United States US Services PMI, or Purchasing Managers' Index, is a measure of the economic health of the services sector in the United States. It is based on a survey of purchasing managers who provide insight into key factors such as business activity, new orders, employment, and prices. A PMI reading above 50 indicates expansion in the services sector, while a reading below 50 suggests contraction. This data is closely watched by economists, investors, and policymakers as it provides a timely and reliable indicator of the overall performance of the services industry, which is a significant driver of the US economy.

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