US ISM Services PMI
It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;
Above 50.0 indicates industry expansion, below indicates contraction. Source changed series from unadjusted to seasonally adjusted as of January 2001. Source changed series calculation formula as of Feb 2008;
- US ISM Services PMI Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Jun 3, 2026 | 54.5 | 53.7 | 53.6 |
| May 5, 2026 | 53.6 | 53.7 | 54.0 |
| Apr 6, 2026 | 54.0 | 54.8 | 56.1 |
| Mar 4, 2026 | 56.1 | 53.5 | 53.8 |
| Feb 4, 2026 | 53.8 | 53.5 | 54.4 |
| Jan 7, 2026 | 54.4 | 52.2 | 52.6 |
| Dec 3, 2025 | 52.6 | 52.0 | 52.4 |
| Nov 5, 2025 | 52.4 | 50.7 | 50.0 |
- Details
Specs
Measures:
Level of a diffusion index based on surveyed purchasing managers, excluding the manufacturing industry;
Usual Effect:
'Actual' greater than 'Forecast' is good for energy prices;
Frequency:
Released monthly, on the third business day after the month ends;
Derived Via:
Survey of about 300 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories;
Also Called:
Non-Manufacturing PMI, Non-Manufacturing ISM Report On Business;
Acro Expand:
The Institute for Supply Management (ISM), Purchasing Managers' Index (PMI);
Event Type:
Business Surveys