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United States Services PMI (NMI)
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.
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Why Services PMI (NMI) matters for USD
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 this series
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)
Source: ISM. Cadence: Monthly. Unit: Index. History from 1999-11-30 (26.6 years).
Recent announcements
Each release gets a durable child page so data, forecast, previous value, and raw fields can be cited directly.
Related United States indicators
Move to adjacent releases in the same macro category.
Building Permits
Number of new residential construction permits authorized, a leading indicator of future housing activity and economic growth.
Business Confidence
Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.
Consumer Confidence
Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.
Core Inflation
CPI excluding volatile items like food and energy.
Core Inflation MoM
Month-over-month change in core consumer prices (excluding food and energy), tracking underlying inflation trends.
Current Account Balance
Measures trade in goods and services and income flows.
Durable Goods Orders
Measures new orders placed with domestic manufacturers for delivery of long-lasting goods.
Government Debt
Total outstanding debt obligations of the central government, indicating fiscal sustainability and public sector borrowing requirements.
Gross Domestic Product (GDP) Growth
GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.
House Price Index
Measures changes in residential property prices over time, reflecting housing market conditions and consumer wealth.
Common questions
Editorial context for readers and AI agents using this page as a cited country indicator source.
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.