S&P Global Services PMI

The Services Purchasing Managers Index (PMI) released by Markit Economics captures business conditions in the services sector. As the services sector dominates a large part of total GDP, the services PMI is an important indicator of the overall economic condition in US. A result above 50 signals is bullish for the USD, whereas a result below 50 is seen as bearish.

Most recent - Thursday 21 March 2024 13:45

Previous
52.3
Forecast
52
Actual
51.7

Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.

Next event - Wednesday 3 April 2024 13:45

Previous
51.7
Forecast
-
Actual
-

The typical/expected market impact of this event is low.

There is no forecast value for S&P Global Services PMI yet - check back for updates.

Trading range

Forecast history

The most recent announced value for S&P Global Services PMI was 51.7 against a forecast of 52.

Past events

Date
Forecast
Actual
Thursday 21 March 2024 13:45
52
51.7
Tuesday 5 March 2024 14:45
-
52.3
Thursday 22 February 2024 14:45
52
51.3
Monday 5 February 2024 14:45
52.9
52.5
Wednesday 24 January 2024 14:45
51
52.9
Thursday 4 January 2024 14:45
51.3
51.4
Friday 15 December 2023 14:45
50.6
51.3
Tuesday 5 December 2023 14:45
50.8
50.8
Friday 24 November 2023 14:45
50.4
50.8
Friday 3 November 2023 13:45
50.9
50.6
Tuesday 24 October 2023 13:45
49.9
50.9
Wednesday 4 October 2023 13:45
50.2
50.1
Friday 22 September 2023 13:45
50.6
50.2
Wednesday 6 September 2023 13:45
51
50.5
Wednesday 23 August 2023 13:45
52.2
51
Thursday 3 August 2023 13:45
52.4
52.3
Monday 24 July 2023 13:45
54
52.4
Thursday 6 July 2023 13:45
54.1
54.4
Friday 23 June 2023 13:45
54
54.1
Monday 5 June 2023 13:45
55.1
54.9
Tuesday 23 May 2023 13:45
52.6
55.1
Wednesday 3 May 2023 13:45
53.7
53.6
Friday 21 April 2023 13:45
51.5
53.7
Wednesday 5 April 2023 13:45
53.8
52.6
Friday 24 March 2023 13:45
50.5
53.8
Friday 3 March 2023 14:45
50.5
50.6
Tuesday 21 February 2023 14:45
47.2
50.5
Friday 3 February 2023 14:45
46.6
46.8
Tuesday 24 January 2023 14:45
44.5
46.6
Thursday 5 January 2023 14:45
44.4
44.7
Friday 16 December 2022 14:45
46.8
44.4
Monday 5 December 2022 14:45
46.1
46.2
Wednesday 23 November 2022 14:45
47.9
46.1
Thursday 3 November 2022 13:45
46.6
47.8
Monday 24 October 2022 13:45
49.2
46.6
Wednesday 5 October 2022 13:45
49.2
49.3
Friday 23 September 2022 13:45
45
49.2
Tuesday 6 September 2022 13:45
44.1
43.7
Tuesday 23 August 2022 13:45
49.2
44.1
Wednesday 3 August 2022 13:45
47
47.3
Friday 22 July 2022 13:45
52.6
47
Wednesday 6 July 2022 13:45
-
52.7
Thursday 23 June 2022 13:45
53.5
51.6
Friday 3 June 2022 13:45
-
53.4
Tuesday 24 May 2022 13:45
55.2
53.5
Wednesday 4 May 2022 13:45
54.7
55.6
Friday 22 April 2022 13:45
58
54.7
Tuesday 5 April 2022 13:45
58.9
58
Thursday 24 March 2022 13:45
56
58.9
Thursday 3 March 2022 14:45
-
56.5
Tuesday 22 February 2022 14:45
53
56.7
Thursday 3 February 2022 14:45
50.9
51.2
Monday 24 January 2022 14:45
55
50.9
Wednesday 5 January 2022 14:45
57.5
57.6
Thursday 16 December 2021 14:45
58.7
57.5
Friday 3 December 2021 14:45
57
58
Tuesday 23 November 2021 14:45
59.1
57
Wednesday 3 November 2021 13:45
58.2
58.7
Friday 22 October 2021 13:45
55.1
58.2
Tuesday 5 October 2021 13:45
54.4
54.9
Thursday 23 September 2021 13:45
55
54.4
Friday 3 September 2021 13:45
55.2
55.1
Monday 23 August 2021 13:45
59.5
55.2
Wednesday 4 August 2021 13:45
-
59.9
Friday 23 July 2021 13:45
64.8
59.8
Tuesday 6 July 2021 13:45
64.8
64.6
Wednesday 23 June 2021 13:45
70
64.8
Thursday 3 June 2021 13:45
70.1
70.4
Friday 21 May 2021 13:45
64.5
70.1
Wednesday 5 May 2021 13:45
63.1
64.7
Friday 23 April 2021 13:45
61.5
63.1
Monday 5 April 2021 13:45
-
60.4

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next S&P Global Services PMI result:

PreviousLatest
Michigan Consumer Sentiment IndexBullish change76.579.4
Pending Home Sales (MoM)Bullish change-4.7%1.6%
UoM 5-year Consumer Inflation ExpectationBearish change2.9%2.8%
Chicago Purchasing Managers' IndexBearish change4441.4
Core Personal Consumption Expenditures (QoQ)Bearish change2.1%2%
Gross Domestic Product AnnualizedBullish change3.2%3.4%
Gross Domestic Product Price Index(no change)1.7%1.7%
Initial Jobless ClaimsBullish change212K210K
Personal Consumption Expenditures Prices (QoQ)(no change)1.8%1.8%
Housing Price Index (MoM)Bearish change0.1%-0.1%
Durable Goods OrdersBullish change-6.9%1.4%
Durable Goods Orders ex DefenseBullish change-7.9%2.2%
Durable Goods Orders ex TransportationBullish change-0.3%0.5%
Nondefense Capital Goods Orders ex AircraftBullish change-0.4%0.7%
New Home Sales Change (MoM)Bearish change1.7%-0.3%
Existing Home Sales Change (MoM)Bullish change3.1%9.5%
S&P Global Composite PMIBearish change52.552.2
S&P Global Manufacturing PMIBullish change52.252.5
Initial Jobless ClaimsBullish change212K210K
Philadelphia Fed Manufacturing SurveyBearish change5.23.2
Fed Interest Rate Decision(no change)5.5%5.5%
Interest Rate Projections - 1st yearBearish change4.6%3.9%
Interest Rate Projections - 2nd yearBearish change3.6%3.1%
Interest Rate Projections - CurrentBearish change5.4%4.6%
Interest Rate Projections - LongerBullish change2.5%2.6%
Building Permits (MoM)Bullish change1.489M1.518M
Housing Starts (MoM)Bullish change1.374M1.521M
Michigan Consumer Sentiment IndexBearish change76.976.5
UoM 5-year Consumer Inflation Expectation(no change)2.9%2.9%
Industrial Production (MoM)Bullish change-0.5%0.1%
NY Empire State Manufacturing IndexBearish change-2.4-20.9

About S&P Global Services PMI

Country:United States
Currency:USD
Source:IHS Markit
Category:Economic Activity
Frequency:Monthly

Related events

Australia
Gross Domestic Product (QoQ)
Canada
Gross Domestic Product Annualized
Switzerland
Gross Domestic Product s.a. (QoQ)
China
Non-Manufacturing PMI
China
Gross Domestic Product (YoY)
China
Gross Domestic Product (QoQ)
China
NBS Manufacturing PMI
Germany
Gross Domestic Product (QoQ)
Eurozone
Gross Domestic Product s.a. (YoY)
Eurozone
Gross Domestic Product s.a. (QoQ)
Japan
Gross Domestic Product (QoQ)
Japan
Tankan Large Manufacturing Index
New Zealand
Gross Domestic Product (YoY)
New Zealand
Gross Domestic Product (QoQ)
United Kingdom
Gross Domestic Product (QoQ)
United States
ISM Manufacturing PMI
United States
Gross Domestic Product Annualized
United States
Nondefense Capital Goods Orders ex Aircraft
United States
ISM Services PMI
United States
Durable Goods Orders
Australia
National Australia Bank's Business Confidence (QoQ)
Australia
S&P Global Services PMI
Australia
AiG Industry Index
Australia
Gross Domestic Product (YoY)
Canada
Bank of Canada Business Outlook Survey
Canada
Gross Domestic Product (MoM)
Canada
Ivey Purchasing Managers Index
Canada
Ivey Purchasing Managers Index s.a
Canada
Gross Domestic Product (QoQ)
Canada
S&P Global Manufacturing PMI
Switzerland
KOF Leading Indicator
Switzerland
Industrial Production (YoY)
Switzerland
Gross Domestic Product (YoY)
Switzerland
ZEW Survey – Expectations
China
Industrial Production (YoY)
China
Caixin Services PMI
China
Caixin Manufacturing PMI
Germany
ZEW Survey – Economic Sentiment
Germany
IFO – Current Assessment
Germany
S&P Global/BME Manufacturing PMI
Germany
IFO – Expectations
Germany
S&P Global/BME Composite PMI
Germany
ZEW Survey – Current Situation
Germany
IFO – Business Climate
Germany
Gross Domestic Product w.d.a (YoY)
Germany
Gross Domestic Product (YoY)
Eurozone
ZEW Survey – Economic Sentiment
Eurozone
S&P Global Composite PMI
Eurozone
Industrial Production s.a. (MoM)
Eurozone
Business Climate
Spain
S&P Global Services PMI
Spain
S&P Global Manufacturing PMI
France
Gross Domestic Product (QoQ)
India
HSBC Services PMI
India
HSBC Manufacturing PMI
India
HSBC Composite PMI
Italy
Gross Domestic Product (YoY)
Italy
S&P Global Manufacturing PMI
Italy
Gross Domestic Product (QoQ)
Italy
S&P Global Services PMI
Japan
Tankan Large All Industry Capex
Japan
Tankan Large Manufacturing Outlook
Japan
Industrial Production (YoY)
Japan
Gross Domestic Product Annualized
Japan
Industrial Production (MoM)
New Zealand
Business NZ PMI
New Zealand
NZIER Business Confidence (QoQ)
Poland
Purchasing Manager Index
United Kingdom
Manufacturing Production (MoM)
United Kingdom
S&P Global/CIPS Composite PMI
United Kingdom
Manufacturing Production (YoY)
United Kingdom
Gross Domestic Product (MoM)
United Kingdom
Industrial Production (MoM)
United Kingdom
Gross Domestic Product (YoY)
United Kingdom
NIESR GDP Estimate (3M)
United Kingdom
S&P Global/CIPS Manufacturing PMI
United States
Durable Goods Orders ex Defense
United States
S&P Global Manufacturing PMI
United States
Chicago Fed National Activity Index
United States
Factory Orders (MoM)
United States
ISM Services New Orders Index
United States
ISM Manufacturing New Orders Index
United States
Philadelphia Fed Manufacturing Survey
United States
S&P Global Composite PMI
United States
Chicago Purchasing Managers' Index
United States
Durable Goods Orders ex Transportation
United States
Gross Domestic Product Price Index

Personal Trade Copier

Trade Mirror

Trading Simulator

Figaro App Suite

Publisher EA

Figaro Connector EA

All Trader Downloads

All Developer Downloads

Currency Strength

Trader Sentiment

Price Alerts

Mini Charts

Premium Charting

Market Scanner

All Tools

Next High Impact Events

Week View

Next 24 Hours

Session Map

Chart View

Future Events

Past Events

Big Market Movers

Compare Brokers

Broker Offers

Market Analysis

Price Action News

Broker News

Example Analysis

Widgets

FAQ

Statement

Stats

Risk analysis

Widgets

Portfolio

FAQ

Please Log In
Not yet a user?