Prior estimate 52.3. Prior month 53.0S&P global composite index 51.9S&P Global services PMI final 51.7 versus 52.3 preliminary and 52.7 last
Details from S&P Global
Overall Activity
Five of seven US sectors expanded in February, down from six sectors expanding in January.
Consumer Services returned to contraction, weighing on the overall sector performance.
Heavy snowfall impacted travel, tourism, and leisure, contributing to the Consumer Services decline.
Overall Output Index rose to 54.5 (from 51.5), signaling stronger and accelerating business activity.
February growth exceeded the 2025 average of 52.3, indicating a stronger pace of expansion.
Healthcare
Fastest-growing sector in February, the first time since September 2024.
Activity growth accelerated sharply compared to January.
Industrials
Solid expansion in activity, outperforming several sectors.
Growth slowed slightly from recent months and was the weakest in four months, but still near long-term trend levels.
Consumer Goods
Output growth slowed notably, the largest deceleration since January.
Output index fell to the lowest level since September 2025.
Financials
Growth slowed, marking the joint-slowest pace of expansion since April 2025.
Technology
Expansion continued but at a slower pace compared with prior months.
Consumer Services
Activity declined, one of the fastest contractions since late-2023.
Weakness partly attributed to severe winter weather affecting travel and leisure activity.
Basic Materials
Output declined slightly, continuing the downturn that began in December 2025.
However, the contraction was the smallest since the decline started, suggesting some stabilization.
US Sector PMI® indices are compiled from responses
to questionnaires sent to purchasing managers in S&P
Global’s US manufacturing and services PMI survey panels,
covering over 1,000 private sector companies. Indices
are available for the basic materials, consumer goods,
consumer services, financials, healthcare, industrials and
technology sectors.
This article was written by Greg Michalowski at investinglive.com.