US Markit composite PMI and services PMI

  • Services PMI for May (F) 70.4 versus 70.1 preliminary
  • Composite PMI for May (F) 68.7 versus 68.1 last
  • The service index was the highest since the series began and the 10th consecutive month of expansion
  • Prices rose to 66.1 versus 62.2 and April (highest on record)
  • The employment index fell versus the prior month
  • For the composite index, the new orders rose to 67.9 versus 63.9 in April (highest reading ever)
PMO services