In May 2025, the value of the Service Purchasing Managers' Index in the United States stood at ****. An indicator of the economic health of the service sector, the Services Purchasing Managers' Index is based on four major indicators: business activity, new orders, employment, and supplier deliveries. An index value above ** percent indicates a positive development in the service sector, whereas a value below ** percent indicates a negative situation. Purchasing Managers' Index The Purchasing Manager's Index is a strong indicator of an economic sector's health. The PMI is based on a survey that is sent to more than *** companies in ** primary industries, which are weighted by their overall contribution to the nation's GDP. The industries are organized into economic sectors to construct a PMI relevant to each sector, such as construction being in the manufacturing sector. In 2021, the construction industry added ***** billion U.S. dollars to the Gross Domestic Product (GDP) of the United States. A high contribution to the GDP by an industry generally helps increase the value of the sector's PMI. As of April 2024, the manufacturing PMI indicated a negative situation at ****. The Service Sector The service sector, or tertiary sector, is the section of the economy that deals with the production of services rather than the production of goods or extraction of materials. Within the service sector are many industries such as banking and financial services, construction, education, transportation, hospitality, communication, real estate, information technology, legal services, and more. Unlike the Manufacturing PMI, the Service PMI is based on only four major indicators: business activity, new orders, employment, and supplier deliveries. As a sector that largely relies on human interaction, the service sector was particularly affected by the 2020 COVID-19 pandemic. However, the Services Employment Index, which shows the employment indicator of the Service PMI, was trending upwards over the summer months of 2022. As of March 2023 the SEI decreased to ****.
The ISM Services PMI is a monthly economic indicator that measures the health of the U.S. services sector, based on a survey of purchasing managers.
In April 2025, the value of the Manufacturing Purchasing Leaders' Index (PLI) in the United States stood at ****. An indicator of the economic health of the manufacturing sector, the Purchasing Leaders' Index is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment. An index value above ** percent indicates a positive development in the manufacturing sector, whereas a value below ** percent indicates a negative situation.
The ISM Manufacturing PMI (Purchasing Managers' Index) is a key economic indicator in the USA that measures the health of the manufacturing sector by surveying purchasing managers on production, new orders, supplier deliveries, and employment.
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In May 2025, the value of the Service Purchasing Managers' Index in the United States stood at ****. An indicator of the economic health of the service sector, the Services Purchasing Managers' Index is based on four major indicators: business activity, new orders, employment, and supplier deliveries. An index value above ** percent indicates a positive development in the service sector, whereas a value below ** percent indicates a negative situation. Purchasing Managers' Index The Purchasing Manager's Index is a strong indicator of an economic sector's health. The PMI is based on a survey that is sent to more than *** companies in ** primary industries, which are weighted by their overall contribution to the nation's GDP. The industries are organized into economic sectors to construct a PMI relevant to each sector, such as construction being in the manufacturing sector. In 2021, the construction industry added ***** billion U.S. dollars to the Gross Domestic Product (GDP) of the United States. A high contribution to the GDP by an industry generally helps increase the value of the sector's PMI. As of April 2024, the manufacturing PMI indicated a negative situation at ****. The Service Sector The service sector, or tertiary sector, is the section of the economy that deals with the production of services rather than the production of goods or extraction of materials. Within the service sector are many industries such as banking and financial services, construction, education, transportation, hospitality, communication, real estate, information technology, legal services, and more. Unlike the Manufacturing PMI, the Service PMI is based on only four major indicators: business activity, new orders, employment, and supplier deliveries. As a sector that largely relies on human interaction, the service sector was particularly affected by the 2020 COVID-19 pandemic. However, the Services Employment Index, which shows the employment indicator of the Service PMI, was trending upwards over the summer months of 2022. As of March 2023 the SEI decreased to ****.