Economic activity in the services sector returned to expansion in October, say the nation's purchasing and supply executives in the latest ISM® Services PMI® Report. The Services PMI® registered at 52.4 percent and is in expansion territory for the eighth time in 2025. The report was issued today by Steve Miller, CPSM, CSCP, Chair of the Institute for Supply Management® (ISM®) Services Business Survey Committee: "In October, the Services PMI® registered a reading of 52.4 percent, 2.4 percentage points higher than the September figure of 50 percent. The Business Activity Index also returned to expansion territory in ... (full story)

Economic activity in the United States' services sector continued to grow in October, the Institute for Supply Management (ISM) revealed in its report published on Wednesday. Compared to the previous month, the Services Purchasing Managers' Index (PMI) went from 50% to 52.4%. The Business Activity Index increased from 49.9% to 54.3%. The Employment Index remained in contraction, but improved slightly, going from 47.2% to 48.2%. The New Orders Index continued to expand from 50.4% to 56.2%. The Supplier Deliveries Index worsened from 52.6% to 50.8% "The rebounds in both the Business Activity and New Orders indexes in ... (full story)