fbevents
로고와 STAT 라이브

US December Service PMI Final at 56.8, Below Market Expectations

Source
Minseung Kang
공유하기
  • The final reading of the U.S. December Service PMI was reported to be 56.8, falling short of the market expectation of 58.5.
  • This announcement suggests that the U.S. service sector continues to expand, rising from 56.1 to 56.8.
  • The Service PMI is an important indicator used to gauge whether the industry is expanding, with 50 as the baseline.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

The final reading of the U.S. December Service Purchasing Managers' Index (PMI) fell short of market expectations.

On the 6th (local time), according to the PMI report released by S&P Global, the final reading of the U.S. December Service Purchasing Managers' Index was 56.8, below the market expectation of 58.5. The announced Service PMI index recorded a higher figure than last month (56.1), indicating that the U.S. service sector is expanding.

PMI uses 50 as the baseline to gauge whether the service industry is expanding or contracting.

publisher img

Minseung KangholderBadgeholderBadge dark

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.