Fri, 05 Sep 2025 08:15:04 GMT
ISM Services PMI rises
In August, the ISM Services PMI registered 52%, indicating the sector continued to expand for the third consecutive month. Growth was driven by stronger business activity, which rose to 55%, and new orders, which climbed to 56%, signaling robust demand. However, employment remained in contraction for the third straight month at 46.5%, reflecting ongoing labor challenges. Supplier deliveries slowed slightly,