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United States Services PMI

News Stream
2019-12-16
US Services Activity Growth at 5-Month High
The IHS Markit US Services PMI increased to 52.2 in December 2019 from 51.6 in the previous month and above market forecasts of 51.9, a preliminary estimate showed. The latest reading pointed to the sharpest expansion in the services sector since July, as new orders advanced to a five-month high and new export orders went up following four consecutive monthly declines. The job creation rate increased marginally for the second straight month, as firms expanded their staffing numbers to meet greater workloads. On the price front, input cost inflation remained relatively subdued, while output price inflation rose. Finally, sentiment improved to a six-month high.

2019-12-04
US Service Sector Growth Strengthens: Markit
The IHS Markit US Services PMI was confirmed at 51.6 in November 2019, up from 50.6 in the previous month, signaling a further upturn in output across the service sector. New business rebounded from the slight contraction seen in October and expanded at the fastest pace since August, despite a fourth month of declines in new business from abroad. Employment increased for the first time since August, due to greater workloads, and the level of outstanding business at service sector firms also rose. Inflationary pressures were relatively subdued, with selling prices increasing only fractionally. Looking ahead, business confidence remained muted and close to historical lows, amid global economic uncertainty.

2019-11-22
US Services Activity Growth Above Forecast
The IHS Markit US Services PMI rose to 51.6 in November 2019 from 50.6 in the previous month and above market consensus of 51.0, a preliminary estimate showed. Employment increased for the first time since August while new business remained historically weak. On the price front, service sector firms increased their selling prices at a faster rate, reportedly due to a slightly quicker rise in input costs. Looking ahead, business confidence fell, amid reports of less favorable demand conditions.

2019-11-05
US Services Activity Growth at Over 3-1/2-Year Low
The IHS Markit US Services PMI came in at 50.6 in October 2019, below a preliminary estimate of 51 and compared to 50.9 in September. The reading pointed to the weakest expansion in the services sector since February 2016, as growth was dragged down by lacklustre client demand and greater hesitancy among customers to place orders. Also, new business dropped for the first time since series began, signalling a marginal decline new order levels. Additionally, employment shrank at the steepest rate for almost a decade, as voluntary leavers were not replaced and firms struggled to fill outstanding vacancies. Meantime, new export orders fell for the third straight month, still the rate of contraction eased. On the price front, input prices rose boosted by higher supplier and wage costs; while output prices were broadly unchanged. Finally, confidence improved to a four-month high, amid positive sentiment to the development of new service lines and low interest rates.

2019-10-24
US Services Growth at 3-Month High
The IHS Markit US Services PMI edged up to 51 in October 2019 from 50.9 in the previous month and in line with market expectations, preliminary estimates showed. It is the fastest pace of expansion in services sector since July. New orders stagnated in October and ended a ten-year period of sustained expansion amid subdued demand conditions and weaker business investment spending. Also, employment decreased for the second month running and the rate of decline was the largest since December 2009. On the price front, operating expenses increased for the first time since July, as trade tariffs led to price rises among suppliers.

2019-10-03
US Service Sector Acivity Growth Remains Subdued
The IHS Markit US Services PMI was confirmed at 50.9 in September 2019, compared to 50.7 in the previous month, signalling one of the slowest increases in output for over three years. New business growth slipped further to the weakest level since data collection began in October 2009, as new business from abroad dropped at the fastest pace since 2014. in addition, outstanding business contracted the most since April 2014, while employment fell for the first time since February 2010, and at the sharpest rate since the end of 2009. On the price front, input costs fell for only the second time in the series history. Firms also cut their selling prices in an effort to remain competitive. Expectations towards output over the year ahead were at the second-weakest level in the series history, amid concerns surrounding ongoing business uncertainty and gloomier global economic growth projections.

Umoja-Mataifa Biashara Mwisho Uliopita Juu Chini Kitengo
Biashara Kujiamini 47.20 48.10 77.50 29.40 Pointi [+]
Huduma Pmi 52.80 51.60 61.00 49.30 Pointi [+]
Si Viwanda Pmi 55.00 53.90 62.00 37.80 Pointi [+]
Viwanda Pmi 52.40 52.60 57.90 50.30 Pointi [+]
Composite - Pmi 52.70 52.00 61.00 50.00 Pointi [+]
Viwanda Uzalishaji -1.00 -0.70 62.00 -33.70 Asilimia [+]
Viwanda Uzalishaji (Mwezi) -0.30 0.80 16.60 -10.40 Asilimia [+]
Viwanda Uzalishaji -1.30 -0.90 67.90 -39.40 Asilimia [+]
Uwezo Wa Matumizi 77.02 77.37 89.39 66.69 Asilimia [+]
Muda Mrefu Bidhaa Maagizo -2.00 0.20 23.20 -18.40 Asilimia [+]
Bidhaa Kudumu Daraja Ex Ulinzi 0.80 0.00 25.50 -19.20 Asilimia [+]
Muda Mrefu Bidhaa Maagizo Zamani Usafiri 0.00 0.30 6.30 -10.20 Asilimia [+]
Kiwanda Daraja Ex Usafiri 0.30 0.30 4.60 -7.00 Asilimia [+]
Mpya Oda 493029.00 496962.00 549482.00 223500.00 Usd - Milioni [+]
Kiwanda Daraja -0.70 0.20 10.40 -9.70 Asilimia [+]
Biashara Inventories -0.20 0.10 1.30 -2.00 Asilimia [+]
Mabadiliko Katika Inventories 69.44 69.40 173.21 -245.13 Usd - Bilioni [+]
Jumla Inventories -0.10 0.10 2.10 -2.00 Asilimia [+]
Konkurser 22910.00 22483.00 82446.00 19695.00 Makampuni [+]
Faida Corporate 1868.66 1857.53 1873.90 14.67 Usd - Bilioni [+]
Nfib Biashara Matumaini Index 102.70 104.70 108.80 80.10 Pointi [+]
Ny Empire State Viwanda Index 4.80 3.30 39.00 -34.30 Pointi [+]
Philadelphia Fed Viwanda Index 17.00 2.40 58.50 -57.90 Pointi [+]
Richmond Fed Viwanda Index -5.00 -1.00 27.00 -44.00 Pointi [+]
Ism-Mpya-York-Index 39.10 50.40 88.80 23.40 Asilimia [+]
Dallas Fed Viwanda Index -3.20 -1.30 47.60 -59.90 Pointi [+]
Chicago Fed Taifa Shughuli Index -0.35 0.41 2.79 -5.29 [+]
Chicago-Pmi 48.90 46.30 78.60 21.20 Pointi [+]
Jumla Ya Mauzo Ya Gari 17.10 16.60 21.77 9.05 Milioni [+]
Gari Uzalishaji Wa 2.53 2.57 9.92 1.29 Milioni - Units [+]
Gari Sajili 373.49 385.66 1149.00 331.50 Elfu [+]
Crude Oil Lager Lugha -0.41 -2.55 14.42 -15.22 Bbl / 1million [+]
Petroli Lager Change 1745.00 6678.00 11456.00 -8428.00 Maelfu elfu [+]
Gesi Asili Lager Lugha -92.00 -109.00 147.00 -359.00 Bilioni - Cf [+]
Uongozi Index Uchumi 129.78 129.35 129.78 45.48 Pointi [+]
Kasi ya mtandao 18747.58 17235.62 18747.58 3609.31 KBps [+]
Anwani za IP 128949703.00 127873899.00 146874246.00 89399946.00 IP [+]
Rigs za mafuta yasiyosafishwa 673.00 659.00 1609.00 98.00 [+]
API ya mafuta ya mafuta yasiyosafishwa 1.60 1.10 14.30 -12.40 Bbl / 1million [+]
Ushindani Ripoti 83.67 85.64 85.64 5.42 Pointi [+]
Ushindani Rank 2.00 1.00 7.00 1.00 [+]
Rushwa Index 69.00 71.00 78.00 69.00 Pointi [+]
Rushwa Rank 23.00 22.00 24.00 14.00 [+]
Crude Oil Imports -53.00 -595.00 2201.00 -2518.00 Maelfu elfu [+]
Distillate Fuel Production -251.00 -105.00 570.00 -699.00 Maelfu elfu [+]
Distillate Stocks -1185.00 8171.00 11205.00 -13011.00 Maelfu elfu [+]
Cushing Crude Oil Stocks -961.00 342.00 4737.00 -4184.00 Maelfu elfu [+]
Urahisi Wa Kufanya Biashara 6.00 8.00 8.00 4.00 [+]
Gasoline Production 254.00 394.00 1082.00 -1494.00 Maelfu elfu [+]
Steel Uzalishaji 7233.00 7407.00 11951.00 3799.00 Elfu Tani [+]
Refinery Crude Runs 76.00 -386.00 1572.00 -3253.00 Maelfu elfu [+]
Mining Uzalishaji 1.40 2.30 108.20 -28.80 Asilimia [+]
Kansas Fed Viwanda Index -4.00 -3.00 35.00 -32.00 Pointi [+]
Heating Oil Stocks 142.00 -168.00 94208.00 -92090.00 Maelfu elfu [+]
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