US Services Activity Revised Higher: S&P Global in World Economy News 05/02/2026 The S&P Global US Services PMI rose to 52.7 in January of 2026 from 52.5 in the previous month, revised upwards from the flash estimate of 52.5 and loosely aligned with the initial market expectations of 52.8. The period marked nearly three years of monthly growth in the US services output, outperforming those from other major economies. New sales rose at a sharper pace at the start of the year, as robust activity in the domestic market was enough to offset softness for foreign clients amid the tariffs passed by the US and their retaliatory measures. The steady capacity demand drove employment numbers to increase marginally. Meanwhile, increases in payrolls and cost pressures from tariffs lifted input inflation, although selling charges increased to a lesser extent. Looking forward, business confidence for the upcoming year fell to its lowest in three months. Source: Trading Economics 2026-02-05 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share