The Institute for Supply Management released its February Services PMI, with headline composite index at 53.5 (above the 52.5 forecast). This marks the eighth consecutive month of expansion.
The large service side of the U.S. economy that employs most Americans grew in February, but businesses said they were nervous about the Trump tariffs and were already facing higher costs.
Investors will also follow the ISM Prices index and the Employment index. EUR/USD came under pressure and broke below the 1.0400 level. Anticipation is mounting as the Institute for Supply ...
ISM Services PMI: 53.5 in February vs. 52.7 consensus and 52.8 in January, according to data released by the Institute of Supply Management on Wednesday.
U.S. economy is still growing, ISM says, but Trump tariffs are causing 'great uncertainty' and more inflation ISM services index climbs to 53.5% in February ...
Rising global liquidity conditions and a trend change in the manufacturing PMI have historically favored strong Bitcoin price rallies.
The specter of rising U.S. inflation reared its head in February as the cost of supplies for U.S. manufacturers jumped to ...
Manufacturing activity slowed in February while costs increased and employment contracted as President Trump's tariff ...
(Supplier Deliveries is the only ISM ® Report On Business ® index that is inversed; a reading of above 50 percent indicates slower deliveries, which is typical as the economy improves and ...
U.S. services sector growth unexpectedly picked up in February and prices for inputs increased, which combined with a recent surge in the cost of raw materials at factories suggested that inflation ...
The Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers Index (PMI) provides a reliable outlook on the state of the US manufacturing sector. A reading above 50 suggests ...
U.S. manufacturing activity holds broadly steady in February amid tariff concerns By Investing.com - Mar 03, 2025 1 Investing.com - U.S. factory activity grew at a relatively stable pace in ...