Latest posts about Services PMI
Page 3 of 5 pages.
August Services PMI turns in a solid reading reports ISM
September 6, 2022
The Services PMI—at 56.9 (a reading of 50 or higher signals growth)—edged out the July reading by 0.2%, growing, at a faster rate, for the 27th consecutive month, with services sector growth intact for 149 of the last 151 months through August.
Services PMI sees gains in July, reports ISM
August 3, 2022
The Services PMI came in at 56.5 (a reading of 50 or higher signals growth), up 1.4% compared to June, following a slight 0.6% decrease from May to June. The Services PMI showed growth, at a faster rate, for the 26th consecutive month, with services sector growth now remaining intact for 148 of the last 150 months through June, said ISM.
Services PMI heads up in July, reports ISM
August 3, 2022
The Services PMI came in at 56.5 (a reading of 50 or higher signals growth), up 1.4% compared to June, following a slight 0.6% decrease from May to June. The Services PMI showed growth, at a faster rate, for the 26th consecutive month, with services sector growth now remaining intact for 148 of the last 150 months through June, said ISM.
June Services PMI shows more growth but at a slightly reduced rate
July 6, 2022
The Services PMI came in at 55.3 (a reading of 50 or higher signals growth), down 0.6% compared to May, following a 1.2% decrease, from April to May. The Services PMI showed growth, at a slower rate, for the 25th consecutive month, with services sector growth now remaining intact for 147 of the last 149 months through June, said ISM.
June Services PMI still grows but at a slightly reduced rate
July 6, 2022
The Services PMI came in at 55.3 (a reading of 50 or higher signals growth), down 0.6% compared to May, following a 1.2% decrease, from April to May. The Services PMI showed growth, at a slower rate, for the 25th consecutive month, with services sector growth now remaining intact for 147 of the last 149 months through June, said ISM.
May Services PMI falls but remains in growth mode, says ISM
June 6, 2022
The reading for the report’s key metric—the Services PMI (formerly the Non-Manufacturing PMI)—came in at 55.9 (a reading of 50 or higher signals growth) was down 1.2% from April, matching the March to April decrease. The Services PMI showed growth, at a slower rate, for the 24th consecutive month, with services sector growth now remaining intact for 146 of the last 148 months through May, said ISM.
May Services PMI falls but remains in growth mode, reports ISM
June 3, 2022
The reading for the report’s key metric—the Services PMI (formerly the Non-Manufacturing PMI)—came in at 55.9 (a reading of 50 or higher signals growth) was down 1.2% from April, matching the March to April decrease. The Services PMI showed growth, at a slower rate, for the 24th consecutive month, with services sector growth now remaining intact for 146 of the last 148 months through May, said ISM.
April Services PMI is down from March but still is strong, reports ISM
May 4, 2022
The reading for the report’s key metric— the Services PMI (formerly the Non-Manufacturing PMI)—came in at 57.1 (a reading of 50 or higher signals growth)—fell 1.2%, growing, at a slower rate, for the 23rd consecutive month. Services sector growth has remained intact for 145 of the last 147 months through April, said ISM.
April Services PMI is off from March but still is strong, reports ISM
May 4, 2022
The reading for the report’s key metric— the Services PMI (formerly the Non-Manufacturing PMI)—came in at 57.1 (a reading of 50 or higher signals growth)—fell 1.2%, growing, at a slower rate, for the 23rd consecutive month. Services sector growth has remained intact for 145 of the last 147 months through April, said ISM.
Services sector growth eases in March but is still solid, notes ISM
April 5, 2022
The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—at 58.3 (a reading of 50 or higher signals growth)—headed up 1.8%, growing, at a faster rate, for the 22nd consecutive month, snapping a three-month stretch of sequential declines. Services sector growth has remained intact for 144 of the last 146 months through March, said ISM.
Services sector growth eases in March but is still solid, reports ISM
April 5, 2022
The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—at 58.3 (a reading of 50 or higher signals growth)—headed up 1.8%, growing, at a faster rate, for the 22nd consecutive month, snapping a three-month stretch of sequential declines. Services sector growth has remained intact for 144 of the last 146 months through March, said ISM.
Services economy output is solid in February despite sequential decline
March 3, 2022
The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—at 55.1(a reading of 50 or higher signals growth)—fell 3.4% compared to January’s 59.9, marking the third consecutive month of sequential Service PMI declines. The Services PMI grew for the 21st consecutive month, with services sector growth intact for 143 of the last 145 months through January.
Services economy trends down in February while growth remains strong
March 3, 2022
The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—at 55.1(a reading of 50 or higher signals growth)—fell 3.4% compared to January’s 59.9, marking the third consecutive month of sequential Service PMI declines. The Services PMI grew for the 21st consecutive month, with services sector growth intact for 143 of the last 145 months through January.
ISM report points to Services sector growth in January
February 3, 2022
The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—at 59.9 (a reading of 50 or higher signals growth)—was off 2.4% compared to December’s 62.3. The Services PMI grew for the 20th consecutive month, with services sector growth intact for 142 of the last 144 months through December.
ISM report shows Services sector growth in January
February 3, 2022
The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—at 59.9 (a reading of 50 or higher signals growth)—was off 2.4% compared to December’s 62.3. The Services PMI grew for the 20th consecutive month, with services sector growth intact for 142 of the last 144 months through January.
