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February’s US ISM Services PMI rose to 56.1, beating forecasts as service-sector growth strengthened sharply

US services PMI jumped to 56.1 in February; new orders rose, prices eased, dollar stayed weaker.

February’s US ISM Services PMI reached 56.1, surpassing forecasts of 53.5 for service sector activity

ISM Services PMI rose to 56.1 in February, beating 53.5 forecasts, signaling continued growth.

In February, the US ISM Services New Orders Index rose to 58.6 from 53.1 previously

US ISM Services New Orders Index climbed to 58.6 in February, up from 53.1 previously.

February saw US ISM Services Prices Paid fall, easing from 66.6 previously to 63 this month

US ISM Services Prices Paid index declined to 63 in February from 66.6, signaling slower services price growth.

In February, the US ISM services employment index increased to 51.8, up from 50.3 previously

U.S. ISM Services Employment Index increased to 51.8 in February, rising from 50.3 previously, signaling hiring growth.

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