United States S&P Global Composite PMI: 52.8 (January) vs 52.7

Jan 23, 2026

United States S&P Global Services PMI came in at 52.5, below expectations (52.8) in January

US S&P Manufacturing PMI rises to 51.9, Services PMI holds steady at 52.5

Business activity in the US private sector expanded at a slightly better pace in January than in December, with the S&P Global's preliminary Composite Purchasing Managers' Index (PMI) edging higher to 52.8 from 52.7.