S&P Global services PMI 49.2 vs 47.2 last month
- Prior month 47.2
- Services PMI (Business Activity): 49.2 (prev. 47.2) → 6th month below 50 (contraction)
- Composite PMI: 49.9 → just below expansion threshold
- New Orders: Increased (first rise since Nov 2024)
- Employment: Increased (first gain since Aug 2025)
- Selling Prices: Highest increase in 2 years
- Input Costs: Remain elevated (unchanged vs prior month)
- Confidence: Highest in 18 months
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