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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS S&P Global Services PMI climbed to 56.5 Points in August 2026
FMPMonthlyReleased September 2026
US S&P Global Services PMI climbed to 56.5 Points in August 2026, released September 2026, up 1.9 Points from July's 54.6 Points reading. The reading matched the 56.8 Points consensus.
Latest Release
56.500000
Actual
56.800000
Consensus
54.600000
Previous
Median Absolute Error
±0.4
across last 12 releases
Last Call
Sep 2026
Predicted: 57.57
Actual: 56.5
Error: +1.07
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| MSFT | ▲ Direct | +0.38 | STOCKS | Moves with | → View |
| GOOGL | ▲ Direct | +0.32 | STOCKS | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
S&P Global Services PMI (United States) was reported at 56.50 Points in August 2026. This missed the market consensus of 56.80 Points by 0.30 Points. The reading rose from the previous value of 54.60 Points. Over the past 12 months, the indicator has averaged 53.30 Points, ranging from 50.70 Points to 56.80 Points across 20 releases.
WHY IT MATTERS
The trailing three releases averaged 55.97 Points, up from the prior three at 51.87 Points. Volatility over the past year (σ 1.81 Points) is comparable than the prior year (σ 1.82 Points). In September readings over the past 3 years, S&P Global Services PMI has averaged 54.37 Points.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with MSFT (Bullish MSFT). A secondary relationship exists with GOOGL, positively correlated (Bullish GOOGL). Over the last 12 releases, the Sigmacast model's median absolute error is 0.40 Points.
WHAT TO WATCH NEXT
The next release is scheduled for September 23, 2026. Same-country events in the next 14 days include NY Empire State Manufacturing Index (Sep 15) and NY Empire State Manufacturing Index (Sep 15).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
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S&P Global Services PMI - US
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About S&P Global Services PMI — United States
DEFINITION
The S&P Global Services PMI is a widely recognized financial indicator that measures the performance of the global services sector. It provides valuable insights into the health and growth of the services industry, which accounts for a significant portion of the global economy. This indicator is based on a monthly survey of purchasing managers in key service sectors, providing timely and reliable data on business activity, new orders, employment, and prices. The S&P Global Services PMI is a crucial tool for investors, businesses, and policymakers in making informed decisions and assessing the overall economic outlook.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2026): actual 56.5 Points, consensus 56.8 Points. Prior reading (Aug 2026): 56.8 Points. Before that (Jul 2026): 54.6 Points.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.
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EXPECTED ZONE
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Economic Calendar - US Events
| Monday, September 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 15:30 | US | 3-Month Bill Auction | 3.8 | 3.809 | 3.81 | Low | |
| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | US | NY Empire State Manufacturing Index | 20.6 | 15 | 10.85 | High | |
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | US | Retail Sales MoM | -0.4 | -0.1 | -0.10 | High | |
| 12:30 | US | Retail Sales Ex Autos MoM | -0.3 | 0.5 | 0.50 | High | |
| 12:30 | US | Import Prices YoY | 5.9 | 6 | 6.35 | Low | |
| 12:30 | US | Retail Sales Ex Gas/Autos MoM | -0.2 | 0.1 | 0.10 | High | |
| 12:30 | US | Retail Sales YoY | 5 | 4.3 | 4.30 | High | |
| 12:30 | US | Export Prices MoM | -1.3 | -0.5 | -0.45 | Medium | |
| 12:30 | US | Import Prices MoM | -0.4 | 0.2 | 0.65 | Medium | |
| 12:30 | US | Export Prices YoY | 8.2 | 7.5 | 7.90 | Low | |
| 14:00 | US | Business Inventories MoM | 0 | 0.2 | 0.20 | Medium | |
| 14:00 | US | NAHB Housing Market Index | 35 | 34 | 33.50 | Medium | |
| 14:00 | US | Retail Inventories Ex Autos MoM | 0.7 | -0.5 | 0.7 | 0.70 | Low |
| 18:00 | US | Fed Interest Rate Decision | 3.75 | 4 | 4.00 | High | |
| 20:00 | US | Net Long-Term TIC Flows | 172.7 | 146.3 | 146.30 | Medium | |