On September 4, 2025, Markit released the final reading of the US S&P Global Composite PMI for September. The reported figure was 53.6, matching both the forecast and the previous reading of 53.6.The Composite PMI is an economic indicator covering both the services and manufacturing sectors. A reading above 50 indicates economic expansion, while a reading below 50 signals contraction. This data, derived from surveys of purchasing managers, provides a direct reflection of economic trends, including employment, inventories, prices, and orders. If the indicator exceeds expectations, it typically strengthens the US dollar; conversely, a lower-than-expected reading may weaken the dollar.This release is considered to have moderate importance (level 2). The index is compiled through monthly surveys of purchasing managers, with the final reading following the preliminary estimate. Markit generally publishes the preliminary PMI around the 25th of each month and the final reading at the beginning of the following month (either the 1st or 3rd). The next release is scheduled for November 5, 2025.
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