ISM US September Services Index Posts Larger-Than-Expected Decline
MT newswire2026/10/05 14:0810:08 AM EDT, 10/05/2026 (MT Newswires) -- The Institute for Supply Management's US services index fell to a reading of 54.9 in September from 55.4 in August, compared with expectations for a smaller decrease to a reading of 55.0 in a survey compiled by Bloomberg as of 7:45 am ET. The ISM's reading indicates slower expansion. Regional services data for the month were mixed. There were declines in the readings for production and new orders, but gains in the readings for employment, prices, and order backlogs. The monthly national services reading from the Institute for Supply Management is reported as a headline index, with readings above 50 indicating expansion and those below 50 indicating contraction. Component indexes measure new orders, production, employment, and prices. An increase in the index further above 50 is considered a sign of a strong US services sector and would be a positive for service-sector stocks. Rising prices would normally be a negative for both stocks and bonds.
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