ism services

The U.S. services sector expanded in February 2025 with all four main subindexes expanding for the third consecutive month. However, concerns persist around the impact of tariffs and federal spending cuts.  The Details: The ISM Services PMI unexpectedly increased to 53.5% in February 2025, up...

Business sentiment in the U.S. services sector returned to expansion in July, after plummeting in June at the fastest pace since May 2020 and potentially quelling recent market concerns on an ongoing recession for the world’s largest economy. The ISM Services Purchasing Managers’ Index...

Business sentiment in the U.S. services sector plummeted in June, missing economic estimates by a wide margin and indicating that the pace of economic growth slowed down markedly at the end of last quarter. The Purchasing Managers’ Index for the services sector, as measured by the Institute...

The sentiment in the U.S. service sector sharply expanded in May, far more than expected and reversing the decline that began in April. What Happened: After 15 straight months of expansion, business morale gauging the services sector activity temporarily entered into contraction in April, but...

Activity in the services sector experienced a sharp slowdown in April, cooling more than expected and showing the first decline since December 2022. What Happened: After 15 straight months of growth, sentiment in the services sector activity entered into contraction last month, according to the...

Economic data unveiled Tuesday revealed a complex picture of the U.S. economy, highlighting an ongoing expansion in the services sector but a sharper-than-expected decline in factory orders for January. Tuesday’s Economic Bullets: Key Highlights The ISM Services PMI reported a slight...

Activity in the service sector experienced a surprising uptick in November, beating economists’ expectations and quelling fears of an ongoing economic slowdown. However, the number of job openings substantially dropped from 9.3 million in September to 8.733 million in October, raising...

The powerhouse of the American economy, the services sector, continued to show signs of resilience in August, but discrepancies in data collection methods are beginning to emerge. The ISM Services PMI recorded its eight straight month of expansion, coming in at 54.5, the fastest pace of growth...