29 Oct United States Services PMI
Services PMI in the United States increased to 51 Index Points in October from 50.90 Index Points in September of 2019. Services PMI in the United States is reported by Markit Economics. 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.
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