US ISM Services PMI hit 54.1 in July 2026, slightly below estimates but extending the expansion streak to 24 months. Here's what it means for

Prices are “still too high but going in the right direction,” said Susan Spence, chair of the Institute for Supply Management.

"...beneath the survey we see some warning signs about the future growth trajectory."

US manufacturing activity grew faster in July, reaching a four-year high. The Institute for Supply Management's index rose to 55.6 percent, exceeding expectations. Employment in…

Manufacturing has a share of over 17% in GVA. Both the indices are derived from responses collected among purchasing executives of 400 companies