ISM Services PMI

The Institute for Supply Management’s (ISM) Services Purchasing Managers Index (PMI) reveals the current conditions in the US service sector, which has historically been a large GDP contributor. A print above 50 shows expansion in the service sector’s economic activity. Stronger-than-expected readings usually help the USD gather strength against its rivals. In addition to the headline PMI, the Employment Index and the Prices Paid Index numbers are also watched closely by investors as they provide useful insights regarding the state of the labour market and inflation.

Most recent - Wednesday 4 December 2024 15:00

Previous
56
Revised
-
Forecast
55.5
Actual
52.1

Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.

Next event - Monday 6 January 2025 15:00

Previous
-
Forecast
-
Actual
-

The typical/expected impact on USD pairs is high.

There is no forecast value for ISM Services PMI yet - check back for updates.

Trading range

Forecast history

The most recent announced value for ISM Services PMI was 52.1 against a forecast of 55.5.

Past events

Date
Forecast
Actual
Wednesday 4 December 2024 15:00
55.5
52.1
Tuesday 5 November 2024 15:00
53.8
56
Thursday 3 October 2024 14:00
51.7
54.9
Thursday 5 September 2024 14:00
51.1
51.5
Monday 5 August 2024 14:00
51
51.4
Wednesday 3 July 2024 14:00
52.5
48.8
Wednesday 5 June 2024 14:00
50.8
53.8
Friday 3 May 2024 14:00
52
49.4
Wednesday 3 April 2024 14:00
52.7
51.4
Tuesday 5 March 2024 15:00
53
52.6
Monday 5 February 2024 15:00
52
53.4
Friday 5 January 2024 15:00
52.6
50.6
Tuesday 5 December 2023 15:00
52
52.7
Friday 3 November 2023 14:00
53
51.8
Wednesday 4 October 2023 14:00
53.6
53.6
Wednesday 6 September 2023 14:00
52.5
54.5
Thursday 3 August 2023 14:00
53
52.7
Thursday 6 July 2023 14:00
51
53.9
Monday 5 June 2023 14:00
51.5
50.3
Wednesday 3 May 2023 14:00
51.8
51.9
Wednesday 5 April 2023 14:00
54.5
51.2
Friday 3 March 2023 15:00
54.5
55.1
Friday 3 February 2023 15:00
50.4
55.2
Friday 6 January 2023 15:00
55
49.6
Monday 5 December 2022 15:00
53.1
56.5
Thursday 3 November 2022 14:00
55.5
54.4
Wednesday 5 October 2022 14:00
56
56.7
Tuesday 6 September 2022 14:00
55.1
56.9
Wednesday 3 August 2022 14:00
53.5
56.7
Wednesday 6 July 2022 14:00
54.5
55.3
Friday 3 June 2022 14:00
56.4
55.9
Wednesday 4 May 2022 14:00
58.5
57.1
Tuesday 5 April 2022 14:00
58
58.3
Thursday 3 March 2022 15:00
61
56.5
Thursday 3 February 2022 15:00
59.5
59.9
Thursday 6 January 2022 15:00
66.9
62

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next ISM Services PMI result:

PreviousLatest
Michigan Consumer Sentiment IndexBullish change71.874
UoM 5-year Consumer Inflation ExpectationBearish change3.2%3.1%
Average Hourly Earnings (MoM)(no change)0.4%0.4%
Average Hourly Earnings (YoY)(no change)4%4%
Labor Force Participation RateBearish change62.6%62.5%
Nonfarm PayrollsBullish change36K227K
U6 Underemployment RateBearish change7.7%7.8%
Unemployment RateBearish change4.1%4.2%
Initial Jobless ClaimsBearish change215K224K
Challenger Job CutsBullish change55.597K57.727K
Factory Orders (MoM)Bullish change-0.2%0.2%
ISM Services Employment IndexBearish change5351.5
ISM Services New Orders IndexBearish change57.453.7
ISM Services Prices PaidBullish change58.158.2
S&P Global Composite PMIBearish change55.354.9
ADP Employment ChangeBearish change184K146K
JOLTS Job OpeningsBullish change7.372M7.744M
ISM Manufacturing Employment IndexBullish change44.448.1
ISM Manufacturing New Orders IndexBullish change47.150.4
ISM Manufacturing PMIBullish change46.548.4
ISM Manufacturing Prices PaidBearish change54.850.3
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Core Personal Consumption Expenditures - Price Index (YoY)Bullish change2.7%2.8%
Personal Consumption Expenditures - Price Index (MoM)(no change)0.2%0.2%
Personal Consumption Expenditures - Price Index (YoY)Bullish change2.1%2.3%
Personal Income (MoM)Bullish change0.3%0.6%
Personal SpendingBearish change0.6%0.4%
Pending Home Sales (MoM)Bearish change7.5%2%
Chicago Purchasing Managers' IndexBearish change41.640.2
Core Personal Consumption Expenditures (QoQ)Bearish change2.2%2.1%
Durable Goods OrdersBullish change-0.4%0.2%
Durable Goods Orders ex DefenseBullish change-0.9%0.4%
Durable Goods Orders ex TransportationBearish change0.4%0.1%
Gross Domestic Product Annualized(no change)2.8%2.8%
Gross Domestic Product Price IndexBullish change1.8%1.9%
Nondefense Capital Goods Orders ex AircraftBearish change0.3%-0.2%
Personal Consumption Expenditures Prices (QoQ)(no change)1.5%1.5%
Initial Jobless ClaimsBullish change215K213K
New Home Sales Change (MoM)Bearish change7%-17.3%
Housing Price Index (MoM)Bullish change0.4%0.7%

About ISM Services PMI

Country:United States
Currency:USD
Source:Institute for Supply Management
Category:Economic Activity
Frequency:Monthly

Related events

Australia
Gross Domestic Product (QoQ)
Canada
Gross Domestic Product Annualized
Switzerland
Gross Domestic Product s.a. (QoQ)
China
Non-Manufacturing PMI
China
Gross Domestic Product (YoY)
China
Gross Domestic Product (QoQ)
China
Industrial Production (YoY)
China
Caixin Services PMI
China
NBS Manufacturing PMI
China
Caixin Manufacturing PMI
Eurozone
Gross Domestic Product s.a. (YoY)
Eurozone
Gross Domestic Product s.a. (QoQ)
Japan
Gross Domestic Product (QoQ)
Japan
Tankan Large Manufacturing Index
New Zealand
Gross Domestic Product (YoY)
New Zealand
Gross Domestic Product (QoQ)
United Kingdom
Gross Domestic Product (YoY)
United Kingdom
Gross Domestic Product (QoQ)
United States
ISM Manufacturing PMI
United States
Gross Domestic Product Annualized
Australia
Private Capital Expenditure
Australia
National Australia Bank's Business Confidence (QoQ)
Australia
S&P Global Services PMI
Australia
S&P Global Composite PMI
Australia
AiG Industry Index
Australia
Gross Domestic Product (YoY)
Canada
Bank of Canada Business Outlook Survey
Canada
Gross Domestic Product (MoM)
Canada
Ivey Purchasing Managers Index
Canada
Ivey Purchasing Managers Index s.a
Canada
Gross Domestic Product (QoQ)
Canada
S&P Global Manufacturing PMI
Switzerland
Industrial Production (YoY)
Switzerland
Gross Domestic Product (YoY)
Switzerland
ZEW Survey – Expectations
Germany
ZEW Survey – Economic Sentiment
Germany
IFO – Current Assessment
Germany
Factory Orders n.s.a. (YoY)
Germany
S&P Global/BME Manufacturing PMI
Germany
Gross Domestic Product (QoQ)
Germany
IFO – Expectations
Germany
S&P Global/BME Composite PMI
Germany
ZEW Survey – Current Situation
Germany
IFO – Business Climate
Germany
Industrial Production n.s.a. w.d.a. (YoY)
Germany
S&P Global/BME Services PMI
Germany
Gross Domestic Product w.d.a (YoY)
Germany
Gross Domestic Product (YoY)
Germany
Factory Orders s.a. (MoM)
Germany
Industrial Production s.a. (MoM)
Eurozone
Sentix Investor Confidence
Eurozone
ZEW Survey – Economic Sentiment
Eurozone
S&P Global Composite PMI
Eurozone
Economic Sentiment Indicator
Eurozone
Industrial Production s.a. (MoM)
Eurozone
Business Climate
Spain
S&P Global Services PMI
Spain
Gross Domestic Product - Estimated (QoQ)
Spain
S&P Global Manufacturing PMI
Spain
Gross Domestic Product (QoQ)
India
HSBC Services PMI
India
Gross Domestic Product Quarterly (YoY)
India
HSBC Manufacturing PMI
India
HSBC Composite PMI
Italy
Gross Domestic Product (YoY)
Italy
S&P Global Manufacturing PMI
Italy
Gross Domestic Product (QoQ)
Italy
S&P Global Services PMI
Japan
Tankan Large All Industry Capex
Japan
Tankan Large Manufacturing Outlook
Japan
Gross Domestic Product Annualized
Japan
Gross Domestic Product Deflator (YoY)
South Korea
Gross Domestic Product Growth (QoQ)
New Zealand
Business NZ PMI
New Zealand
Business NZ PSI
New Zealand
NZIER Business Confidence (QoQ)
Poland
Purchasing Manager Index
United Kingdom
Manufacturing Production (MoM)
United Kingdom
Manufacturing Production (YoY)
United Kingdom
Gross Domestic Product (MoM)
United Kingdom
Industrial Production (MoM)
United States
Durable Goods Orders ex Defense
United States
Industrial Production (MoM)
United States
Factory Orders (MoM)
United States
Nondefense Capital Goods Orders ex Aircraft
United States
ISM Services New Orders Index
United States
ISM Manufacturing New Orders Index
United States
Philadelphia Fed Manufacturing Survey
United States
S&P Global Composite PMI
United States
NY Empire State Manufacturing Index
United States
Chicago Purchasing Managers' Index
United States
Durable Goods Orders ex Transportation
United States
Gross Domestic Product Price Index
United States
Durable Goods Orders
Continue to site >

Personal Trade Copier

Trade Mirror

Trading Simulator

Figaro App Suite

Publisher EA

Figaro Connector EA

All Trader Downloads

All Developer Downloads

Currency Strength

Trader Sentiment

Price Alerts

Mini Charts

Premium Charting

Market Scanner

All Tools

Next High Impact Events

Week View

Next 24 Hours

Session Map

Chart View

Future Events

Past Events

Big Market Movers

Compare Brokers

Broker Offers

Market Analysis

Price Action News

Broker News

Example Analysis

Widgets

FAQ

Statement

Stats

Risk analysis

Widgets

Portfolio

FAQ

Please Log In
Not yet a user?