Services PMI

ISM reports Services economy turns in solid December performance to end 2024, notes ISM

Wednesday, January 8, 2025 · Jeff Berman The December Services PMI, at 54.1 (a reading of 50 or higher signals growth) rose 2.0% over November’s 52.1 reading, growing, at a faster rate, for the sixth consecutive month, and for the 52nd time in the last 55 months, going back to the initial recovery from the…

Services economy sees gains for fifth straight month in November, reports ISM

Wednesday, December 4, 2024 · Jeff Berman The November Services PMI, at 52.1 (a reading of 50 or higher signals growth), was down 3.9% compared to October, growing, at a slower rate, for the fifth consecutive month.

Services sector sees growth in October, reports ISM

Tuesday, November 5, 2024 · Jeff Berman The October Services PMI, at 57.2 (a reading of 50 or higher signals growth), was up 1.1% over September, growing, at a faster rate, for the fourth consecutive month.

ISM reports Services economy heads up in August for third consecutive month in September

Thursday, October 3, 2024 · Jeff Berman The September Services PMI, at 54.9 (a reading of 50 or higher signals growth), rose 3.4% from August.

ISM reports that services sector sees continued growth in March

Wednesday, April 3, 2024 · Jeff Berman The Services PMI, at 51.5 (a reading of 50 or higher signals growth), fell 1.2% in March, while growing, at a slower rate, for the 15th consecutive month.

ISM reports services economy is off to a solid start in 2024

Monday, February 5, 2024 · Jeff Berman The Services PMI, at 53.4 (a reading of 50 or higher signals growth), was up 2.9% in January, growing, at a faster rate, for the 13th consecutive month. This marks growth in 43 of the last 44 months, with December 2022 being the one month with a decline over that period. ISM…

May services economy activity remains on growth track, reports ISM

Monday, June 5, 2023 · Jeff Berman The Services PMI—at 50.3 (a reading of 50 or higher signals growth)—fell 1.6% off of May’s 51.9 reading, growing, at a slower rate, for the fifth consecutive month. ISM said that the services sector has seen growth in 35 of the last 36 months, with December 2022 being…

Services economy continues on a growth path in April, reports ISM

Wednesday, May 3, 2023 · Jeff Berman The Services PMI—at 51.9 (a reading of 50 or higher signals growth)—increased 0.7% over March’s 51.2, growing, at a faster rate, for the fourth consecutive month. ISM said that the services sector has seen growth in 34 of the last 35 months, with December 2022 being the…

ISM reports that February services sector activity shows continued growth

Friday, March 3, 2023 · Jeff Berman The Services PMI—at 55.1 (a reading of 50 or higher signals growth)—was essentially even with January’s reading with a 0.1% decline, growing, at a slower rate, for the second consecutive month. January was 6.0% above December’s 49.2, which was down 6.9% compared to…

January services economy activity is strong to start 2023

Friday, February 3, 2023 · Jeff Berman The Services PMI—at 55.2 (a reading of 50 or higher signals growth)—increased 6.0% over December’s 49.2, which was down 6.9% compared to November’s 55.5.

December services economy activity finishes 2022 with some declines, reports ISM

Monday, January 9, 2023 · Jeff Berman The Services PMI—at 49.6 a (a reading of 50 or higher signals growth)—fell 6.9% off of December’s 56.5, snapping a 30-month run of growth, coupled with the PMI contracting for two consecutive months for the first time going back to April and May 2020, in the early months…

Services economy turns in strong November performance, says ISM

Monday, December 5, 2022 · Jeff Berman The Services PMI—at 56.5 (a reading of 50 or higher signals growth)—increased 2.1% over October’s 54.4, which was down 2.3% compared to September, growing, at a faster rate, for the 30th consecutive month, with services growth intact for 152 of the last 154 months…

Services economy output grows in October while declining sequentially, notes ISM

Thursday, November 3, 2022 · Jeff Berman The Services PMI—at 54.4 (a reading of 50 or higher signals growth)—fell 2.3% compared to September, growing, at a slower rate, for the 29th consecutive month, with services sector growth intact for 151 of the last 153 months through October. What’s more, the October…

September Services sector activity remains on a growth path, reports ISM

Wednesday, October 5, 2022 · Jeff Berman The Services PMI—at 56.7 (a reading of 50 or higher signals growth)—was down 0.2% compared to August, growing, at a slower rate, for the 28th consecutive month, with month, with services sector growth intact for 150 of the last 152 months through September.

August Services PMI remains in steady growth mode

Tuesday, September 6, 2022 · Jeff Berman The Services PMI—at 56.9 (a reading of 50 or higher signals growth)—edged out the July reading by 0.2%, growing, at a faster rate, for the 27th consecutive month, with services sector growth intact for 149 of the last 151 months through August.