United States: Markit PMI: Services

Macro

2026-11-04

Description

-

Published by
Markit (Choice)
Frequency
Monthly
Next Update

AI Data Insight

The latest US Services PMI for Q4 2026 stood at 56.1, pulling back from 58.8 in the previous quarter and coming in below the market's preliminary estimate of 57.9, yet remaining above the boom-or-bust line. Although demand for technology and consumer services supported the expansion in new orders and employment, high fuel costs and political uncertainty caused business confidence to drop to a five-month low. The resurgence of inflationary pressures in the coming months will become a focal point for the market and may disrupt expectations regarding the Federal Reserve's policies.

AI Data Insight

The latest US Services PMI for Q4 2026 stood at 56.1, pulling back from 58.8 in the previous quarter and coming in below the market's preliminary estimate of 57.9, yet remaining above the boom-or-bust line. Although demand for technology and consumer services supported the expansion in new orders and employment, high fuel costs and political uncertainty caused business confidence to drop to a five-month low. The resurgence of inflationary pressures in the coming months will become a focal point for the market and may disrupt expectations regarding the Federal Reserve's policies.

Description

-

Published by
Markit (Choice)
Frequency
Monthly
Next Update