United States Services PMI
The United States Services PMI reached 55.2 in October 2025, its highest level in three months. This marks a 1.8% increase from September's figure of 54.2. The expansion was driven by a rebound in new orders and increased business activity. This contrasts with a slight dip in the ISM Services PMI in September, though the S&P Global Services PMI maintained a robust expansionary trend, exceeding forecasts. Continued demand for services and improving business confidence supported this growth despite concerns about tariffs and economic uncertainty. United States's record low Services PMI was 43.7 in August 2022 and record high was 56.8 in December 2024.
Monthly Historical Data (2022-2025)
(in points)Recent Events
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United States Services PMI : Definition
The United States Services PMI from S&P Global measures the economic health of the US services sector. It is calculated using survey data from purchasing managers covering business activity, new orders, employment, supplier delivery times and inventories. A reading above 50 indicates expansion in the services sector while a reading below 50 signals contraction.