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S&P Global Services PMI: Slower Expansion In May

Source: SeekingAlpha

2026-06-06 00:30:00 ET

Originally published on June 3, 2026

By Jennifer Nash

The May U.S. Services Purchasing Managers' Index ((PMI)) from S&P Global inched down 0.3 points to 50.7, indicating slower expansion in the services sector. The latest reading was lower than the forecast of 50.9 and was among the weakest months of expansion in the past 2.5 years....

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S&P Global Services PMI: Slower Expansion In May
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