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S&P Global's Services PMI Shows First Contraction in More Than Three Years

By WSJ April 03, 2026 Bearish
S&P Global's Services PMI Shows First Contraction in More Than Three Years
S&P Global's purchasing managers index for services providers fell to 49.8 points in March from 51.7 in February as a rise in energy prices brought on by the war in the Middle East eroded confidence.
S&P Global's purchasing managers index for services providers fell to 49.8 points in March from 51.7 in February as a rise in energy prices brought on by the war in the Middle East eroded confidence.