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US Services NZ PSI climbed to 50.4 in January 2025, released February 2025, up 2.3 from December's 48.1 reading. The reading matched the 49 consensus.
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.50 | INDEX | Bullish Stocks | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| USD/JPY | ▲ Direct | +0.40 | FOREX | Bullish USD | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Bearish Gold | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Services NZ PSI (United States) was reported at 50.40 in January 2025. This beat the market consensus of 49.00 by 1.40. The reading rose from the previous value of 48.10.
Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
Same-country events in the next 14 days include Chicago Fed National Activity Index (Jun 25) and Durable Goods Orders MoM (Jun 25).
Auto-generated from current model state · Refreshes on each release · Last update February 2025.
The Services NZ PSI (Performance of Services Index) is a key economic indicator that measures the performance of the services sector in New Zealand. It provides valuable insights into the health and growth of the country's service industries, including areas such as retail, tourism, and business services. The index is based on a monthly survey of businesses, and a reading above 50 indicates expansion in the sector, while a reading below 50 indicates contraction. The Services NZ PSI is closely monitored by economists, policymakers, and investors as it reflects the overall state of the New Zealand economy.
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
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| Tuesday, June 23, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 13:45 | S&P Global Manufacturing PMI | 55.7 | 55.1 | 54.8 | 55.25 | Medium | |
| 13:45 | S&P Global Services PMI | 51.3 | 50.7 | 51 | 51.15 | Medium | |
| 13:45 | S&P Global Composite PMI | 52.2 | 51.5 | 50.8 | 51.50 | Medium | |
| 14:00 | Richmond Fed Manufacturing Index | 4 | 13 | 9 | 6.50 | Low | |
| 14:00 | Richmond Fed Services Index | -1 | 14 | 11 | 5.00 | Low | |
| 14:00 | Richmond Fed Manufacturing Shipments Index | 3 | 16 | 9 | 6.00 | Low | |
| Thursday, June 25, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Chicago Fed National Activity Index | 0.14 | 0.12 | 0.12 | Medium | ||
| 12:30 | Durable Goods Orders MoM | 7.9 | -4.3 | -4.30 | High | ||
| 12:30 | Core PCE Price Index MoM | 0.2 | 0.3 | 0.30 | High | ||
| 12:30 | Initial Jobless Claims | 226 | 225 | 225.00 | Medium | ||
| 12:30 | Personal Income MoM | 0 | 0.4 | 0.40 | High | ||
| 12:30 | Personal Spending MoM | 0.1 | 0.1 | 0.10 | Low | ||
| 12:30 | Durable Goods Orders Ex Transp MoM | 1.1 | 0.7 | 0.70 | Medium | ||
| 12:30 | PCE Price Index MoM | 0.4 | 0.5 | 0.50 | Medium | ||
| 12:30 | Non Defense Goods Orders Ex Air | -1.1 | 0.6 | 0.60 | Low | ||
| 12:30 | Continuing Jobless Claims | 1810 | 1800 | 1784.50 | Low | ||
| 12:30 | Core PCE Price Index YoY | 3.3 | 3.4 | 3.40 | Low | ||
| 12:30 | Durable Goods Orders Ex Defense MoM | 8.1 | -3.9 | -3.90 | Low | ||
| 12:30 | Jobless Claims 4-Week Average | 223.25 | 226 | 225.25 | Low | ||
| 12:30 | PCE Price Index YoY | 3.8 | 4 | 4.00 | Medium | ||
| 12:30 | Real Consumer Spending | 1.4 | 1.4 | 1.40 | Low | ||
| 15:00 | Kansas Fed Composite Index | 8 | 6 | 10.00 | Low | ||
| 15:00 | Kansas Fed Manufacturing Index | 9 | 7 | 11.50 | Low | ||
| Friday, June 26, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Wholesale Inventories MoM | 0.6 | 0.2 | 0.20 | Medium | ||
| 12:30 | Retail Inventories Ex Autos MoM | 0.6 | 0.1 | 0.10 | Medium | ||
| 12:30 | Goods Trade Balance | -83.01 | -85.4 | -85.40 | Medium | ||
| 12:30 | Goods Trade Balance Adv | -83 | -85.2 | -85.20 | Medium | ||