09:57 AM EST, 01/06/2025 (MT Newswires) -- The S&P Global US services index was revised downwards to 56.8 in December from the 58.5 flash reading, compared with expectations for no revision in a survey compiled by Bloomberg as of 7:35 am ET.

The December index is still above the 56.1 reading in November and a 33-month high.

The index indicates expansion, which is in line with the readings from Kansas City, Richmond and Dallas Federal Reserve banks but in contrast with the New York Fed and the Philadelphia Fed indexes that suggested contraction.

S&P Global noted the customer demand improved, which led to an increase in new orders and new businesses.

The ISM's national services reading is due to be released at 10:00 am ET Tuesday.