The Composite PMI for August is a robust 55.4, up from 49.2 in JulyÂ. : Pre-configured baskets of stocks & ETFs that you can invest in with a single click. Developed by hedge funds, global asset management companies, experienced wealth management firms and portfolio managers. Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas As expected, the services sector bounced back in August, as restrictions on businesses were lifted.