The U.S. services sector accelerated in September 2026, with the S&P Global Services PMI rising to 58.7 from 56.5 in August 2026. The latest reading, updated on 23 September 2026, points to a solid strengthening in activity across the country’s service industries.
A PMI level above 50 indicates expansion, and the move from 56.5 to 58.7 suggests that growth in services — which encompass areas such as finance, technology, healthcare, and hospitality — has not only continued but broadened. The improvement in September underscores the resilience of the U.S. service economy as it maintains a robust pace of growth heading into the final quarter of the year.
Market participants and analysts will be closely watching whether this momentum in the services sector continues in coming months, as it plays a crucial role in shaping overall U.S. economic performance and could influence expectations around business investment, labor demand, and broader economic outlooks.
