Markit announced the U.S. May S&P Global Composite PMI Final on 2025-05-22. The reported figure stands at 53, against a forecast of 52.1, with the prior figure recorded as 52.1.
Regarding the U.S. May S&P Global Composite PMI Final, The Composite PMI includes PMI data for both the service and manufacturing sectors, with 50 as the critical value. A reading above 50 indicates an expansion zone, while a reading below 50 indicates a contraction zone. By surveying purchasing managers, one can gain a more intuitive understanding of economic development. The components include specific details such as employment, inventory, prices, and orders. If this indicator is higher than expected, the dollar should be considered strong/bullish, while if it is lower than expected, the dollar should be considered weak/bearish.
This data holds an importance level of , calculated using PMI is an index compiled from monthly surveys of purchasing managers, reflecting the trend of economic changes. The final value is in relation to the initial value. The PMI from Markit Group (for manufacturing and services) is generally published around the 25th of each month as an initial value, calculated based on approximately 70%-80% of the total sample size. The final value is published at the beginning of each month (on the 1st or 3rd), with all samples included in the calculation.
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