International Economic
US services PMIs beat expectations, signalling solid start to 2026
By Iain Gilbert
Date: Wednesday 04 Feb 2026
(Sharecast News) - S&P Global's services PMI increased to 52.70 points in January, up from 52.50 points in December, pointing to a continued, albeit modest, expansion in the service sector last month.
Meanwhile, S&P's composite PMI rose to 53.0 in January, above both preliminary estimates of 52.8 and December's 52.7 print.
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