United States Services PMI
Services PMI in the United States decreased to 39.80 points in March from 49.40 points in February of 2020. Services PMI in the United States averaged 54.23 points from 2013 until 2020, reaching an all time high of 61 points in June of 2014 and a record low of 39.80 points in March of 2020. 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.
Labels: United States