The 'S&P Global Services PMI Final' is a monthly economic indicator that measures the performance of the U.S. services sector, which includes industries such as finance, retail, and healthcare. It is derived from surveys of purchasing managers in the services industry and provides insights into business conditions, including new orders, employment, and prices. This PMI is significant because the services sector constitutes a large portion of the U.S. economy, and its performance can influence economic growth and monetary policy. Financial markets closely watch the PMI for signs of economic expansion or contraction, which can impact investment decisions and market sentiment.
The 'S&P Global Services PMI Final' is a monthly economic indicator that measures the performance of the U.S. services sector, which includes industries such as finance, retail, and healthcare. It is derived from surveys of purchasing managers in the services industry and provides insights into b...