United States Services PMI  2013-2017 | Data | Chart | Calendar | Forecast

The final Markit US Services PMI came in at 53.9 in December of 2016, higher than a preliminary reading of 53.4 but below 54.6 in November. Still, the reading was well above the neutral 50 threshold and pointed to a solid pace of expansion. Improving domestic economic conditions and greater consumer spending boosted business activity and new work, job creation was the highest since late 2015 while prices charged increased the most in 18 months. Services PMI in the United States averaged 54.99 Index Points from 2013 until 2016, reaching an all time high of 61 Index Points in June of 2014 and a record low of 49.30 Index Points in October of 2013. 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 54.70 53.20 77.50 29.40 [+]
Manufacturing PMI 54.30 54.10 57.90 50.70 [+]
Non Manufacturing PMI 57.20 57.20 62.00 37.60 percent [+]
Services PMI 53.90 54.60 61.00 49.30 Index Points [+]
Composite Pmi 54.10 54.90 61.00 50.00 Index Points [+]
Industrial Production -0.60 -0.80 62.00 -33.70 percent [+]
Industrial Production Mom -0.40 0.10 16.60 -10.40 percent [+]
Manufacturing Production 0.10 -0.10 67.90 -39.40 percent [+]
Capacity Utilization 75.00 75.40 89.40 66.89 percent [+]
Durable Goods Orders -4.60 4.80 23.00 -18.40 percent [+]
Durable Goods Orders Ex Defense -6.60 5.10 25.70 -19.20 percent [+]
Durable Goods Orders Ex Transportation 0.50 0.90 6.40 -11.40 percent [+]
Factory Orders Ex Transportation 0.10 0.80 4.60 -7.10 percent [+]
Factory Orders -2.40 2.80 10.20 -9.70 percent [+]
New Orders 458329.00 469419.00 565232.00 223500.00 USD Million [+]
Business Inventories 0.70 -0.10 1.40 -2.10 percent [+]
Changes in Inventories 7.10 -9.50 117.20 -206.10 USD Billion [+]
Wholesale Inventories 1.00 -0.10 2.10 -2.00 percent [+]
Bankruptcies 24457.00 25227.00 82446.00 19695.00 Companies [+]
Corporate Profits 1575.40 1477.10 1703.60 14.40 USD Billion [+]
NFIB Business Optimism Index 105.80 98.40 107.70 80.10 Index Points [+]
Philadelphia Fed Manufacturing Index 21.50 7.60 58.50 -57.90 Index Points [+]
Richmond Fed Manufacturing Index 8.00 4.00 26.00 -43.00 Index Points [+]
Ism New York Index 63.80 52.50 88.80 23.40 percent [+]
NY Empire State Manufacturing Index 6.50 7.60 38.99 -34.30 Index Points [+]
Dallas Fed Manufacturing Index 15.50 10.20 46.60 -59.50 Index Points [+]
Chicago Fed National Activity Index -0.27 -0.05 2.71 -5.05 [+]
Chicago Pmi 54.60 57.60 78.80 21.40 Index Points [+]
Total Vehicle Sales 18.43 17.87 21.77 9.05 Million [+]
Car Production 3.80 3.75 9.92 1.29 Million Units [+]
Car Registrations 498.93 567.34 1149.00 331.50 Thousand [+]
Crude Oil Stocks Change 4.10 -7.05 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change -151.00 -49.00 147.00 -287.00 Billion cf [+]
Gasoline Stocks Change 5023.00 8307.00 11456.00 -8419.00 Thousand Barrels (MB) [+]
Leading Economic Index 179.83 179.32 179.83 70.21 Index Points [+]
Small Business Sentiment 51.67 49.03 59.12 48.35 [+]
Steel Production 6226.00 6382.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production -4.60 -6.90 13.70 -12.60 percent [+]
Ease of Doing Business 8.00 7.00 8.00 4.00 [+]
Corruption Index 76.00 74.00 78.00 71.00 Points [+]
Corruption Rank 16.00 17.00 24.00 14.00 [+]
Competitiveness Index 5.70 5.61 5.79 5.42 Points [+]
Competitiveness Rank 3.00 3.00 7.00 1.00 [+]



United States Services PMI Notes

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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
53.90 54.60 61.00 49.30 2013 - 2016 Index Points Monthly



Last
Australia 57.70 Dec/16
Brazil 45.10 Dec/16
China 53.40 Dec/16
Euro Area 53.70 Dec/16
France 52.90 Dec/16
Germany 54.30 Dec/16
India 46.80 Dec/16
Ireland 59.10 Dec/16
Italy 52.30 Dec/16
Japan 52.30 Dec/16
New Zealand 57.90 Nov/16
Nigeria 47.10 Dec/16
Russia 56.50 Dec/16
Spain 55.00 Dec/16
Sri Lanka 59.80 Dec/16
Sweden 59.90 Dec/16
United Kingdom 56.20 Dec/16
United States 53.90 Dec/16
World 52.80 Jan/16