US September ISM Non-Manufacturing PMI: Economic Trend Analysis

The Institute for Supply Management released the US September ISM Non-Manufacturing PMI on September 4, 2025. The actual reading was 51.7, matching the forecast of 51.7, compared to a prior value of 52.Definition: The ISM Services (Non-Manufacturing Index) is a key economic indicator published by the Institute for Supply Management, assessing the performance of the non-manufacturing sector across multiple dimensions including business activity, new orders, and prices. It serves as a leading indicator for economic health. Readings above 50 indicate expansion, while those below 50 signal contraction.Market Impact: An actual reading above expectations is typically viewed as positive for the US dollar.This data is assigned an importance level of 3. The index is compiled using survey responses from purchasing managers in the non-manufacturing sector and is released monthly. The next publication is scheduled for November 5, 2025.

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