Services PMI (NMI) (USD)

Non-Manufacturing Index (NMI) or Services PMI, a leading indicator of economic activity in the services sector. A reading above 50 indicates expansion.

Latest reading: 98.8833 Index · Last updated: · Source: FRED (BEA/BLS/Fed)

Category: Economy

API Endpoint

/api/v1/announcements/usd/nmi

About Services PMI (NMI) (USD)

The Non-Manufacturing Index (NMI) for United States surveys service-sector activity, covering industries such as finance, retail, healthcare, and accommodation. It complements the manufacturing PMI to give a complete picture of economic momentum.

Why FX traders watch it

Services sectors represent the majority of employment and GDP in most developed economies. Strong NMI readings indicate robust domestic demand and hiring, which the Federal Reserve weighs in its assessment of inflation and growth risks.

How to interpret the data

NMI above 50 is expansionary and broadly usd-positive. A drop below 50 in services is more alarming than a manufacturing contraction in most economies because services are harder to offset through exports.

Historical Services PMI (NMI) (USD)

Source: FRED (BEA/BLS/Fed)  ·  Monthly  ·  Index

Data provided by FXMacroData via the /api/v1/announcements/usd/nmi endpoint. For access, see pricing.

Data Source

Primary Source

FRED (BEA/BLS/Fed)

Official Series ID

ISM NMI

Data Format and Properties

Data Frequency

Monthly

Unit of Measure

Index

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format.

{
    "currency": "USD",
    "indicator": "nmi",
    "has_official_forecast": false,
    "start_date": "2023-01-01",
    "end_date": "2023-12-31",
    "data": [
        {
            "date": "2024-07-01",
            "val": 4.2,
            "announcement_datetime": 1722456000
        }
    ]
}

Request Parameters & Usage

Parameter Required Format Description
start_date NO YYYY-MM-DD Optional lower bound for the requested history.
end_date NO YYYY-MM-DD Optional upper bound. Defaults to the current date.
api_key CONDITIONAL string Required for non-USD announcement requests. USD announcement requests are public without an API key.

Example Usage

To retrieve Services PMI (NMI) data for USD from 2023:

GET https://fxmacrodata.com/api/v1/announcements/usd/nmi?start_date=2023-01-01&end_date=2023-12-31

Frequently Asked Questions

How often is United States Services PMI (NMI) updated?
Services PMI (NMI) for United States is released on a monthly schedule by Federal Reserve (or the relevant national statistics agency). FXMacroData ingests each new value within seconds of the official publication and exposes the exact announcement timestamp on every record.
What unit is Services PMI (NMI) reported in?
The series is published in Index. The exact unit is also returned on every API response under the indicator metadata.
Where does FXMacroData source United States Services PMI (NMI) data?
Data is fetched directly from Federal Reserve or the official national statistics publication for United States. The source URL is preserved on every announcement record so downstream consumers can trace the value back to its primary release.
How do I query Services PMI (NMI) for United States via the API?
Issue a GET request to /api/v1/announcements/usd/nmi?api_key=YOUR_API_KEY. The response contains a chronological list of observations with values, release dates, and announcement timestamps. USD announcement data is public; other currencies require a Professional API key.