Breaking News

U.S. ISM Non-Manufacturing Purchasing Managers Index (PMI)

Latest Release

Jun 04, 2025

Actual

49.9

Forecast

52.0

51.6

The Institute of Supply Management (ISM) Non-Manufacturing Purchasing Managers' Index (PMI) (also known as the ISM Services PMI) report on Business, is based on data compiled from monthly replies to questions asked of more than 370 purchasing and supply executives in over 62 different industries.

The NMI is a composite index based on the diffusion indexes for four of the indicators with equal weights: Business Activity (seasonally adjusted), New Orders (seasonally adjusted), Employment (seasonally adjusted) and Supplier Deliveries.

A reading above 50 percent indicates the non-manufacturing sector economy is generally expanding; below 50 percent indicates the non-manufacturing sector is generally contracting. Given the large proportion of the US economy engaged in the services sector, this report offers insights into the health of the overall US economy.

A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.

Importance:

Country:

Currency: USD

Source: Institute for Supply Managemen...

Release Date	Time	Actual	Forecast	Previous
Jun 04, 2025 (May)	16:00	49.9	52.0	51.6
May 05, 2025 (Apr)	16:00	51.6	50.2	50.8
Apr 03, 2025 (Mar)	16:00	50.8	53.0	53.5
Mar 05, 2025 (Feb)	17:00	53.5	52.5	52.8
Feb 05, 2025 (Jan)	17:00	52.8	54.2	54.0
Jan 07, 2025 (Dec)	17:00	54.1	53.5	52.1

News

U.S. services sector activity grows by more than expected in April By Investing.com - May 05, 2025

Investing.com - Activity in the U.S. services sector grew by more than anticipated in April, in a sign of potential resilience in an industry that is a major driver of the overall economy despite...

Five things to watch in markets in the week ahead By Investing.com - May 05, 2025

Investing.com - Federal Reserve rate-setters are set to reveal their latest monetary policy decision this week, as well as a slew of other central banks around the world. Developments in U.S....

Dollar on track for quarterly loss on tariffs concerns; safe-haven yen rises By Investing.com - Mar 31, 2025

Investing.com - The U.S. dollar steadied Monday, but was on course for quarterly losses given persistent concerns that increased trade tariffs under U.S. President Donald Trump will ignite inflation...

Analysis

US Dollar Weakness Could Intensify if Jobs Growth Disappoints By Chris Turner - Jun 06, 2025

While markets look past the spat between Trump and Musk, attention is firmly on US jobs data. Softer expectations this week raise the stakes for a weak NFP print, which could pressure the Fed toward...

Mixed Data for May Clouds Outlook for US Economy By James Picerno - Jun 05, 2025

May is shaping up to a challenging month for reading the macro tea leaves in an effort to gauge how tariffs are affecting the US economy. Tomorrow’s payrolls report from the Labor Department may...

S&P 500 Holds Steady With Trade Talks, Fed Bets Hanging in the Balance By Fawad Razaqzada - Jun 05, 2025

Global markets moved cautiously ahead of the US payrolls report and possible Trump-Xi trade talks. S&P 500 futures gained slightly but lacked momentum after the benchmark’s mostly flat...

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