The Institute for Supply Management released the US ISM Non-Manufacturing Employment Index for September on October 3, 2025. The reported value was 47.2, exceeding the forecast of 46.6 and the previous reading of 46.5.This index evaluates employment conditions within the non-manufacturing sector, serving as a leading indicator of economic trends and overall health. A reading above 50 signifies expansion, while a figure below 50 indicates contraction. Actual results above expectations are generally viewed as supportive for the US dollar.The index carries moderate market importance and is calculated based on surveys of purchasing managers in the non-manufacturing sector. It is published monthly, with the next release scheduled for November 2025.
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