United States: Markit PMI: Services: Preliminary

Macro

2026-05-21

Description

-

Published by
Markit (Choice)
Frequency
Monthly
Next Update

AI Data Insight

The US Q2 2026 Markit Flash Services PMI recorded 50.9, down from the previous 51.3 and slightly below the market expectation of 51.1, indicating a continuous slowdown in the pace of expansion. Sub-indices show that both corporate input costs and final selling prices surged, while export orders shrank significantly and employment losses accelerated. Squeezed by high inflation and geopolitical risks in the coming months, the services sector faces the hidden concern of falling below the boom-bust line.

AI Data Insight

The US Q2 2026 Markit Flash Services PMI recorded 50.9, down from the previous 51.3 and slightly below the market expectation of 51.1, indicating a continuous slowdown in the pace of expansion. Sub-indices show that both corporate input costs and final selling prices surged, while export orders shrank significantly and employment losses accelerated. Squeezed by high inflation and geopolitical risks in the coming months, the services sector faces the hidden concern of falling below the boom-bust line.

Description

-

Published by
Markit (Choice)
Frequency
Monthly
Next Update