AI Data Insight
The newly released US S&P Global Services PMI for Q2 2026 fell to 50.7, missing the previous reading of 51.0 and indicating a further slowdown in the pace of expansion. Surging operating costs and sluggish end-market demand have dampened new orders and driven the employment index to its fastest rate of decline in nearly six years, signaling that the growth momentum in the services sector faces severe tests.