21.08.202513:45:00UTC+00S&P Global Services PMI Dips Slightly in August, Indicates Continued Expansion

The S&P Global Services PMI for the United States experienced a minor decline in August 2025, stopping at 55.4, as per the latest data updated on August 21, 2025. This figure marks a slight decrease from July's reading of 55.7, though it continues to indicate expansion in the services sector, as any value above 50 signifies growth.

The modest slip in the PMI suggests that while the pace of growth has slowed marginally, the services sector remains robust, contributing positively to economic confidence. Companies within the sector continue to exhibit stability with sustained consumer demand, albeit at a moderated pace compared to the previous month.

This latest PMI data will be crucial for economists and investors when assessing the economic trajectory ahead, as the U.S. services sector represents a substantial portion of the country's GDP. Despite the slight downtick, the consistent above-50 readings signal resilience amidst broader economic uncertainties on the global stage.