AI Data Insight
The latest data shows that the US Q2 2026 Services New Export Orders Index dropped significantly from the previous value of 52.1 to the 50.0 expansion-contraction threshold, indicating that overseas customer demand has stalled. Although the overall Services PMI for the current period reached 53.6, remaining in expansion, high energy prices and the fading of the front-running effect are suppressing export momentum. Going forward, it is necessary to closely monitor the subsequent impact of stagflation risks on the global supply chain and overall services expansion.