AI Data Insight
The latest US Markit Services PMI for Q3 2026 reached 54.6, expanding significantly from the previous quarter's 51.2 and beating the market consensus of 53.6. Sub-indices show that both new orders and employment hit recent highs, bringing solid momentum to the service sector; however, input costs climbed simultaneously, and in the medium term, caution is still needed regarding the impact of inflation pressures on Federal Reserve policy.