United States Services PMI  2013-2016 | Data | Chart | Calendar | Forecast

The flash Markit US Services PMI decreased slightly to 54.7 in November of 2016 from 54.8 in the previous month, below expectations of 54.8. Still, the reading pointed to the ninth consecutive month of expansion as new orders rose the most in 12 months and new business growth accelerated for the second time. In contrast, backlogs of work fell for the first time since June, payrolls increased only modestly and inflation slowed for both input and output charges. Services PMI in the United States averaged 55.03 Index Points from 2013 until 2016, reaching an all time high of 61.00 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 53.20 51.90 77.50 29.40 [+]
Manufacturing PMI 54.10 53.40 57.90 50.70 [+]
Non Manufacturing PMI 54.80 57.10 62.00 37.60 percent [+]
Services PMI 54.70 54.80 61.00 49.30 Index Points [+]
Composite Pmi 54.90 54.90 61.00 50.00 Index Points [+]
Industrial Production -0.90 -1.00 62.00 -33.70 percent [+]
Industrial Production Mom 0.00 -0.20 16.60 -10.40 percent [+]
Manufacturing Production -0.20 -0.10 67.90 -39.40 percent [+]
Capacity Utilization 75.30 75.40 89.40 66.89 percent [+]
Durable Goods Orders 4.80 0.40 23.00 -18.40 percent [+]
Durable Goods Orders Ex Defense 5.20 1.40 25.70 -19.20 percent [+]
Durable Goods Orders Ex Transportation 1.00 0.20 2.80 -4.40 percent [+]
Factory Orders Ex Transportation 0.60 0.30 4.60 -7.10 percent [+]
Factory Orders 0.30 0.40 10.20 -9.70 percent [+]
New Orders 455471.00 453135.00 565232.00 223500.00 USD Million [+]
Business Inventories 0.10 0.20 1.40 -2.10 percent [+]
Changes in Inventories 7.60 -9.50 117.20 -206.10 USD Billion [+]
Wholesale Inventories -0.40 0.10 2.10 -2.00 percent [+]
Bankruptcies 24457.00 25227.00 82446.00 19695.00 Companies [+]
Corporate Profits 1589.80 1477.10 1703.60 14.40 USD Billion [+]
NFIB Business Optimism Index 94.90 94.10 107.70 80.10 Index Points [+]
Philadelphia Fed Manufacturing Index 7.60 9.70 58.50 -57.90 Index Points [+]
Richmond Fed Manufacturing Index 4.00 -4.00 26.00 -43.00 Index Points [+]
Ism New York Index 52.50 49.20 88.80 23.40 percent [+]
NY Empire State Manufacturing Index 1.50 -6.80 38.99 -34.82 Index Points [+]
Dallas Fed Manufacturing Index 10.20 -1.50 46.60 -59.50 Index Points [+]
Chicago Fed National Activity Index -0.08 -0.23 2.71 -5.05 [+]
Chicago Pmi 57.60 50.60 78.80 21.40 Index Points [+]
Total Vehicle Sales 17.87 18.02 21.77 9.05 Million [+]
Car Production 3.75 3.98 9.92 1.29 Million Units [+]
Car Registrations 567.34 572.31 1149.00 331.50 Thousand [+]
Crude Oil Stocks Change -0.88 -1.26 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change -50.00 -2.00 147.00 -287.00 Billion cf [+]
Gasoline Stocks Change 2097.00 2317.00 11456.00 -8419.00 Thousand Barrels (MB) [+]
Leading Economic Index 179.32 178.87 179.32 70.21 Index Points [+]
Small Business Sentiment 51.67 49.03 59.12 48.35 [+]
Steel Production 6382.00 6308.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production -7.00 -9.80 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
54.70 54.80 61.00 49.30 2013 - 2016 Index Points Monthly



Last
Australia 50.50 Oct/16
Brazil 43.90 Oct/16
China 52.40 Oct/16
Euro Area 54.10 Nov/16
France 52.60 Nov/16
Germany 55.00 Nov/16
India 54.50 Oct/16
Ireland 54.60 Oct/16
Italy 51.00 Oct/16
Japan 50.50 Oct/16
Nigeria 42.80 Nov/16
Russia 52.70 Oct/16
Spain 54.60 Oct/16
Sri Lanka 59.30 Oct/16
Sweden 57.60 Oct/16
United Kingdom 54.50 Oct/16
United States 54.70 Nov/16
World 52.80 Jan/16