Services PMI and ISM Non-Manufacturing PMI highlight Tuesday’s economic data

As traders approach another pivotal day for financial markets on Tuesday, August 5, 2025, a series of crucial economic data releases that could sway market dynamics are expected. The focus will be on key indicators of the services sector, including the Services PMI and ISM Non-Manufacturing PMI, which will provide insights into the health of the largest segment of the U.S. economy.

Major Economic Events to Watch:

• 8:45 AM ET - Services PMI (Aug): Expected 55.2, Previous 52.9. This index measures the performance of the services sector based on surveys of executives.

• 9:00 AM ET - ISM Non-Manufacturing PMI (Aug): Forecast 51.5, Previous 50.8. A comprehensive gauge of the non-manufacturing sector’s economic conditions.

Other Important Economic Events to Watch:

• 7:30 AM ET - Trade Balance (Jun): Expected -$62.60B, Previous -$71.50B. Measures the difference in value between imported and exported goods and services.

• 7:30 AM ET - Exports (Jun): Previous $279.00B. Provides the total U.S. dollar amount of merchandise exports.

• 7:30 AM ET - Imports (Jun): Previous $350.50B. Measures the value of goods and services brought into the U.S. from other countries.

• 8:45 AM ET - S&P Global Composite PMI (Aug): Forecast 54.6, Previous 52.9. Combines manufacturing and services sector data.

• 9:00 AM ET - ISM Non-Manufacturing Employment (Aug): Previous 47.2. Indicates employment trends in the services sector.

• 12:00 PM ET - Atlanta Fed GDPNow. Provides a running estimate of real GDP growth for the current quarter.

• 12:00 PM ET - 3-Year Note Auction: Previous 3.891%. Reflects investor demand for medium-term government debt.

• 3:30 PM ET - API Weekly Crude Stock: Previous 1.539M. Offers insights into U.S. petroleum demand and inventories.

Other Economic Events to Watch:

• 7:55 AM ET - Redbook (YoY): Previous 4.9%. Tracks year-over-year same-store sales growth in large U.S. general merchandise retailers.

• 9:00 AM ET - ISM Non-Manufacturing New Orders (Aug): Previous 51.3. Indicates new business activity in the services sector.

• 9:00 AM ET - ISM Non-Manufacturing Prices (Aug): Previous 67.5. Measures price changes in the services sector.

• 9:00 AM ET - ISM Non-Manufacturing Business Activity (Aug): Previous 54.2. Reflects the overall business conditions in the services sector.

• 9:10 AM ET - IBD/TIPP Economic Optimism (Aug): Expected 49.2, Previous 48.6. Measures the public’s confidence in the U.S. economy.

• 10:30 AM ET - 52-Week Bill Auction: Previous 3.925%. Indicates investor interest in short-term government securities.

For further information and the latest updates, please refer to our Economic Calendar, here.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.