PMI Services

Indicator History

History of Event Dates
Event Date Time For
Period		 Currency Actual Forecast
What is this indicator?

The PMI Services is a monthly economic indicator that measures the performance of the services sector in an economy. It is based on surveys of purchasing managers in the services industry and is calculated by a number of private organizations and government agencies around the world. The PMI Services is important because it provides insight into changes in business activity, new orders, employment, and prices in the services sector.


Why is it important?

The services sector is a significant contributor to economic growth, and the PMI Services is an important indicator of economic health because it provides a timely and reliable snapshot of economic conditions in the services sector. Changes in the PMI Services tend to precede changes in gross domestic product (GDP) by a few months, making it a leading indicator of economic growth. The PMI Services is closely watched by policymakers, investors, and economists, who use it to make informed decisions about monetary and fiscal policies, investment strategies, and forecasting economic growth. It also provides valuable insights into the underlying trends and drivers of economic activity, such as changes in consumer and business sentiment, shifts in global demand, or changes in the labor market.

Explore All Economic Indicators

ADP Employment Change

Average Hourly Earnings

Average Weekly Hours

Budget Balance

NEXT:11-Dec-2024

Building Permits

NEXT:18-Dec-2024

Business Inventories / Sales Ratio

NEXT:17-Dec-2024

Business Inventories m/m

NEXT:17-Dec-2024

Business Inventories y/y

NEXT:17-Dec-2024

Business Sales m/m

NEXT:17-Dec-2024

Business Sales y/y

NEXT:17-Dec-2024

Capacity Utilization Rate m/m

NEXT:17-Dec-2024

Capital Account Balance

NEXT:18-Dec-2024
Show All Indicators...

CB Coincidence Index m/m

NEXT:19-Dec-2024

CB Lagging Index m/m

NEXT:19-Dec-2024

CB Leading Index m/m

NEXT:19-Dec-2024

Chicago PMI

Construction Spending - Residential m/m

Construction Spending - Total m/m

Consumer Confidence Index

NEXT:23-Dec-2024

Consumer Credit

Consumer Price Index m/m

NEXT:11-Dec-2024

Consumer Price Index y/y

NEXT:11-Dec-2024

Continuing Claims

NEXT:12-Dec-2024

Core CPI m/m

NEXT:11-Dec-2024

Core CPI y/y

NEXT:11-Dec-2024

Core PCE Deflator m/m

NEXT:20-Dec-2024

Core PCE Deflator y/y

NEXT:20-Dec-2024

Core PCE y/y

NEXT:19-Dec-2024

Core PPI m/m

NEXT:12-Dec-2024

Core PPI y/y

NEXT:12-Dec-2024

Current Account Balance

NEXT:18-Dec-2024

Durable Goods Orders Ex. Defence m/m

NEXT:24-Dec-2024

Durable Goods Orders Ex. Transporation m/m

NEXT:24-Dec-2024

Durable Goods Orders m/m

NEXT:24-Dec-2024

EIA Crude Oil Inventory (Barrels)

NEXT:11-Dec-2024

EIA Crude Oil Price

NEXT:11-Dec-2024

EIA Natural Gas Inventory (Cubic Feet)

NEXT:12-Dec-2024

Empire State Manufacturing Index - Business Condition

NEXT:16-Dec-2024

Empire State Manufacturing Index - Prices Paid

NEXT:16-Dec-2024

Empire State Manufacturing Index - Prices Received

NEXT:16-Dec-2024

Employment Cost Index q/q

Existing Home Sales - Inventories

NEXT:19-Dec-2024

Existing Home Sales - Price

NEXT:19-Dec-2024

Existing Home Sales - Sales

NEXT:19-Dec-2024

Export Price Index m/m

NEXT:13-Dec-2024

Export Price Index y/y

NEXT:13-Dec-2024

Exports

Factory Goods Orders Ex. Defence m/m

Factory Goods Orders Ex. Transporation m/m

Factory Goods Orders m/m

Financial Account Balance

NEXT:18-Dec-2024

GDP Deflator q/q

NEXT:19-Dec-2024

Gross Domestic Product q/q

NEXT:19-Dec-2024

Gross Domestic Product y/y

NEXT:19-Dec-2024

House Price Index m/m

NEXT:31-Dec-2024

House Price Index q/q

Housing Starts

NEXT:18-Dec-2024

IEA Oil Market Report

Import Price Index m/m

NEXT:13-Dec-2024

Import Price Index y/y

NEXT:13-Dec-2024

Imports

Industrial Production m/m

NEXT:17-Dec-2024

Industrial Production y/y

NEXT:17-Dec-2024

Initial Jobless Claims

NEXT:12-Dec-2024

Interest Rate Decision

NEXT:18-Dec-2024

Inventories m/m

NEXT:9-Dec-2024

Inventories y/y

NEXT:9-Dec-2024

Inventories/Sales Ratio

NEXT:9-Dec-2024

ISM Manufacturing New Orders Index

ISM Manufacturing Prices Index

ISM Manufacturing Survey

ISM Non-Manufacturing New Orders Index

ISM Non-Manufacturing Prices Index

ISM Non-Manufacturing Survey

ISM NY Business Conditions

Manufacturing Payrolls

NAHB Housing Market Index

NEXT:17-Dec-2024

Net Long-term TIC Flows

NEXT:19-Dec-2024

New Home Sales - Median Prices

NEXT:24-Dec-2024

New Home Sales - Units

NEXT:24-Dec-2024

Non-Farm Payroll

Non-Farm Productivity q/q

NEXT:10-Dec-2024

Non-Farm Productivity y/y

NEXT:10-Dec-2024

OPEC Monthly Report

Participation Rate m/m

PCE Deflator m/m

NEXT:20-Dec-2024

PCE Deflator y/y

NEXT:20-Dec-2024

Pending Home Sales Index m/m

NEXT:30-Dec-2024

Pending Home Sales Index y/y

NEXT:30-Dec-2024

Personal Consumption Expenditures q/q

NEXT:19-Dec-2024

Personal Consumption Expenditures y/y

NEXT:19-Dec-2024

Personal Income m/m

NEXT:20-Dec-2024

Personal Spending m/m

NEXT:20-Dec-2024

Philly Feds Manufacturing Index - Business Condition

NEXT:19-Dec-2024

Philly Feds Manufacturing Index - Prices Paid

NEXT:19-Dec-2024

Philly Feds Manufacturing Index - Prices Received

NEXT:19-Dec-2024

PMI Composite

PMI Manufacturing

PMI Services

Producer Price Index m/m

NEXT:12-Dec-2024

Producer Price Index y/y

NEXT:12-Dec-2024

Real Time Compensations q/q

NEXT:10-Dec-2024

Real Time Compensations y/y

NEXT:10-Dec-2024

Retail Sales - Ex. Auto m/m

NEXT:17-Dec-2024

Retail Sales - Ex. Auto y/y

NEXT:17-Dec-2024

Retail Sales m/m

NEXT:17-Dec-2024

Retail Sales y/y

NEXT:17-Dec-2024

Richmond Fed Manufacturing Index

NEXT:24-Dec-2024

S&P/Case-Shiller Composite-20 m/m

S&P/Case-Shiller Composite-20 y/y

Total Net TIC Flows

NEXT:19-Dec-2024

Trade Balance

Unemployment Rate m/m

Unit Labor Cost q/q

NEXT:10-Dec-2024

Unit Labor Cost y/y

NEXT:10-Dec-2024

Wholesale Sales m/m

NEXT:9-Dec-2024

Wholesale Sales y/y

NEXT:9-Dec-2024

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