ISM Services Prices Paid

The ISM Non-Manufacturing PMI released by the Institute for Supply Management (ISM) shows business conditions in the US non-manufacturing sector, taking into account expectations for future production, new orders, inventories, employment and deliveries. It is a significant indicator of the overall economic condition in the US. The ISM Prices Paid represents business sentiment regarding future inflation. A high reading is seen as positive for the USD, while a low reading is seen as negative.

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Most recent - Wednesday 6 September 2023 14:00

56.8

Revised

Forecast

Actual

58.9

Next event - Wednesday 4 October 2023 14:00

58.9

Forecast

Actual

The typical/expected impact on USD pairs is medium.

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

Trading range

Forecast history

The most recent announced value for ISM Services Prices Paid was 58.9.

Past events

Date

Forecast

Actual

Wednesday 6 September 2023 14:00

58.9

Thursday 3 August 2023 14:00

52.1

56.8

Thursday 6 July 2023 14:00

53.3

54.1

Monday 5 June 2023 14:00

57.8

56.2

Wednesday 3 May 2023 14:00

59.9

59.6

Wednesday 5 April 2023 14:00

65.2

59.5

Friday 3 March 2023 15:00

64.5

65.6

Friday 3 February 2023 15:00

65.5

67.8

Friday 6 January 2023 15:00

71.5

67.6

Monday 5 December 2022 15:00

73.6

Thursday 3 November 2022 14:00

71.3

70.7

Wednesday 5 October 2022 14:00

69.8

68.7

Tuesday 6 September 2022 14:00

76.5

71.5

Wednesday 3 August 2022 14:00

81.6

72.3

Wednesday 6 July 2022 14:00

83.9

80.1

Friday 3 June 2022 14:00

84.9

82.1

Wednesday 4 May 2022 14:00

84.1

84.6

Tuesday 5 April 2022 14:00

83.3

83.8

Thursday 3 March 2022 15:00

83.1

Thursday 3 February 2022 15:00

82.3

Thursday 6 January 2022 15:00

83.6

82.5

Friday 3 December 2021 15:00

80.9

82.3

Wednesday 3 November 2021 14:00

76.9

82.9

Tuesday 5 October 2021 14:00

79.3

77.5

Friday 3 September 2021 14:00

81.6

75.4

Wednesday 4 August 2021 14:00

82.3

Tuesday 6 July 2021 14:00

79.3

79.5

Thursday 3 June 2021 14:00

75.9

80.6

Wednesday 5 May 2021 14:00

73.3

76.8

Monday 5 April 2021 14:00

68.3

Wednesday 3 March 2021 15:00

64.7

71.8

Wednesday 3 February 2021 15:00

65.6

64.2

Thursday 7 January 2021 15:00

65.2

64.8

Thursday 3 December 2020 15:00

61.6

66.1

Wednesday 4 November 2020 15:00

61.6

63.9

Monday 5 October 2020 14:00

61.1

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 Prices Paid result:

		Previous	Latest
S&P Global Composite PMI	Bearish change	50.2	50.1
S&P Global Manufacturing PMI	Bullish change	47.9	48.9
S&P Global Services PMI	Bearish change	50.5	50.2
Existing Home Sales Change (MoM)	Bullish change	-2.2%	-0.7%
Initial Jobless Claims	Bullish change	221K	201K
Philadelphia Fed Manufacturing Survey	Bearish change	12	-13.5
Fed Interest Rate Decision	(no change)	5.5%	5.5%
Interest Rate Projections - 1st year	Bullish change	4.6%	5.1%
Interest Rate Projections - 2nd year	Bullish change	3.4%	3.9%
Interest Rate Projections - 3rd year	Bearish change	3.1%	2.9%
Interest Rate Projections - Current	(no change)	5.6%	5.6%
Interest Rate Projections - Longer	(no change)	2.5%	2.5%
Building Permits (MoM)	Bullish change	1.443M	1.543M
Housing Starts (MoM)	Bearish change	1.447M	1.283M
Michigan Consumer Sentiment Index	Bearish change	69.5	67.7
UoM 5-year Consumer Inflation Expectation	Bearish change	3%	2.7%
Industrial Production (MoM)	Bearish change	0.7%	0.4%
NY Empire State Manufacturing Index	Bullish change	-19	1.9
Initial Jobless Claims	Bearish change	217K	220K
Producer Price Index (MoM)	Bullish change	0.4%	0.7%
Producer Price Index (YoY)	Bullish change	0.8%	1.6%
Producer Price Index ex Food & Energy (MoM)	Bearish change	0.4%	0.2%
Producer Price Index ex Food & Energy (YoY)	Bearish change	2.4%	2.2%
Retail Sales (MoM)	Bullish change	0.5%	0.6%
Retail Sales Control Group	Bearish change	0.7%	0.1%
Retail Sales ex Autos (MoM)	Bearish change	0.7%	0.6%
Monthly Budget Statement	Bullish change	$-221B	$89B
Consumer Price Index (MoM)	Bullish change	0.2%	0.6%
Consumer Price Index (YoY)	Bullish change	3.2%	3.7%
Consumer Price Index ex Food & Energy (MoM)	Bullish change	0.2%	0.3%
Consumer Price Index ex Food & Energy (YoY)	Bearish change	4.7%	4.3%

About ISM Services Prices Paid

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

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Calendar - ISM Services Prices Paid - United States

ISM Services Prices Paid

Most recent - Wednesday 6 September 2023 14:00

Next event - Wednesday 4 October 2023 14:00

Trading range

Trading range after each ISM Services Prices Paid event

Forecast history

Past events

Economic context

About ISM Services Prices Paid

Related events