US September Final Services PMI: Economic Activity Expands

On October 3, 2025, Markit released the final reading of the S&P Global US Services PMI for September. The actual figure was 54.2, exceeding both the forecast of 53.9 and the previous value of 53.9.This indicator, defined as the Markit Services PMI, measures changes in business conditions within the US services sector for the specified month. It is based on a monthly survey of purchasing managers from private sector service companies in the United States, providing insight into overall sector operations. The PMI is regarded as a leading indicator for inflation and market conditions.The data carries a level 3 importance rating and is compiled through monthly surveys of purchasing managers. It is released on a monthly basis, with the next publication scheduled for November 5, 2025.

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