Background The ISM Services Purchasing Managers’ Index (PMI) is a key monthly indicator reflecting the health of the U.S. services sector. A reading above 50 signals expansion compared to the previous month, while below 50 indicates contraction. Given that services account for roughly 70% of the U.S. economy, the September 2026 PMI will provide crucial…
Background The ISM Services Purchasing Managers’ Index (PMI) is a key monthly indicator that tracks the health of the U.S. services sector. A reading above 50 signals expansion compared to the previous month, while a reading below 50 indicates contraction. The August 2026 report, scheduled for release on September 3, will provide fresh insight into…
Background The ISM Services Purchasing Managers’ Index (PMI) is a key monthly indicator that tracks the health of the U.S. services sector. A reading above 50 signals expansion compared to the previous month, while a reading below 50 indicates contraction. The services sector accounts for a significant portion of the U.S. economy, so this index…
