ISM Report on services at 50.8%

Note: This section contains information in English only.
Source: Dukascopy Bank SA
In March, economic activity in the U.S. services sector expanded for the ninth consecutive month, with a Services PMI® of 50.8%. The Business Activity Index rose to 55.9%, showing continued growth for the 58th month in a row. The New Orders Index decreased to 50.4%, indicating a slight slowdown in demand.



The Employment Index dropped to 46.2%, marking the first contraction in employment in six months. The Supplier Deliveries Index fell to 50.6%, signaling slower delivery times for the fourth month in a row. The Prices Index decreased to 60.9%, but inflationary pressures remain. The Inventories Index was stable at 50.3%, showing continued inventory growth. The Backlog of Orders Index declined to 47.4%, indicating contraction in order backlogs. Ten industries reported growth, a decrease from 14 in February, but the overall trend remains positive despite the slowdown. Tariff concerns and government spending cuts were highlighted, yet overall sentiment was balanced, with some expecting growth and others foreseeing challenges.
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