US September ISM Non-Manufacturing Prices Index: Leading Indicator of Economic Trends

On September 4, 2025, the Institute for Supply Management released the US ISM Non-Manufacturing Prices Index for September. The actual reading was 68, in line with the forecast of 68, compared to the previous value of 69.2.This index measures price trends for goods in the non-manufacturing sector and serves as a leading indicator of overall economic performance. Readings above 50 indicate expansion, while readings below 50 signal contraction. If the actual figure exceeds expectations, it is generally considered supportive for the US dollar.This indicator carries a moderate level of market importance (level 2). It is calculated based on a survey of purchasing managers in the manufacturing sector and is published monthly, with the next release scheduled for the following month.

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