AI Data Insight
In Q2 (April) 2026, the US Markit Services PMI recorded 51.0, a slight rebound from the previous Q1 value of 49.8, returning to expansionary territory. However, the data fell short of market expectations, and new orders contracted for the first time in two years. The impact of the Middle East conflict on consumer demand and surging cost pressures are continually testing the resilience of the US services sector.