Loading page content
Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
United StatesMarkit Services PMI climbed to 58.9 in March 2022
Markit Services PMI climbed to 58.9 in March 2022, up 2.4 from February's 56.5 reading. The print exceeded the 56 consensus by 2.9. Year-over-year, the indicator is down 1.1. Over the past 3 months, Markit Services PMI averaged 54.58, vs 57.34 in the prior 3-month window. Markit Services PMI is now the highest in 7 months.
Latest Release
58.9
Actual
56
Consensus
56.5
Previous
The March 2022 reading rose from the previous value of 56.5. Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks) and negatively correlated with EUR/USD (Bearish EUR).
SHARE
Markit Services PMI - US
Loading chart data...