ISM Services PMI at exactly 50

Note: This section contains information in English only.
Source: Dukascopy Bank SA
In September 2025, the U.S. services sector stopped growing, with the ISM® Services PMI® at exactly 50 percent. This means the sector was flat — not expanding or shrinking — for the first time since January 2010. The reading was down from 52 percent in August, showing a slowdown in momentum.

Business activity slightly declined, with a reading of 49.9 percent, the first contraction since May 2020. New orders remained positive but slowed to 50.4 percent. Employment continued to fall for the fourth straight month, with an index of 47.2 percent, showing businesses are still cutting jobs or struggling to hire.

Supplier deliveries were slower again, with delays increasing for the tenth month in a row. Prices paid by service companies continued to rise, with the index at 69.4 percent — a sign that inflation is still a concern. Inventories fell to 47.8 percent as companies cut back on stock. Backlogs of orders remained weak, though they improved slightly from August.



Even with this slowdown in services, the overall U.S. economy is still growing, but at a slower pace. ISM estimates that the current level of services activity suggests about 0.4 percent GDP growth annually. Ten industries grew in September, including food services, health care, and tech. Seven industries shrank, such as construction, real estate, and retail. Many businesses are being affected by tariffs, which are pushing up costs for goods like food, metals, and electronics. Some companies are seeing strong demand, especially in tech, but still face problems getting supplies and components. Others are worried about higher prices, slower customer demand, and uncertainty about the economy.
Back to articles

Actual Topics

Tue, 07 Oct 2025 12:40:04 GMT

Advanced Micro Devices, Inc. fundamental analysis

On October 6, 2025, AMD and OpenAI announced a strategic partnership to deploy up to 6 gigawatts of AMD GPUs for OpenAI's next-generation AI infrastructure, starting with 1 gigawatt of Instinct MI450 GPUs in the second half of 2026. The multi-year deal deepens their collaboration and includes a warrant for OpenAI to acquire up to 160 million AMD shares tied

Thu, 02 Oct 2025 08:05:04 GMT

ISM Manufacturing PMI at 49.1

The U.S. manufacturing sector shrank for the seventh straight month in September 2025, with the ISM® Manufacturing PMI® at 49.1%. This marks a slight improvement from August but still signals contraction. Despite the ongoing manufacturing slowdown, the broader U.S. economy remains in expansion, now for the 65th consecutive month. Demand continues to weaken. New orders dropped again after just one month

Subscribe to "Fundamental Analysis" feed

Subscrever
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre as opções binárias do Dukascopy Bank / Plataforma de negociação Forex, SWFX e outras informações relacionadas com Trading,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para saber mais sobre a plataforma de Trading / Trading de Crypto/ CFD / SWFX e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para saber mais sobre o programa de Introdutor de Negócios e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.