ISM business survey · United States
United States ISM Services PMI
The United States ISM Services PMI is part of the Institute for Supply Management's monthly survey of purchasing managers in the United States: overall activity, or one component such as new orders, employment or prices paid.
- Importance
- Medium
- Publié
- Monthly
- Prochaine publication
- Devise
- USD · US dollar
- Banque centrale
- The Federal Reserve
Derniers chiffres
La dernière publication, pour OCT, est parue le 2026-11-04 et s’est établie à 54.5. C’est en dessous du consensus de 54.8. C’est moins que 54.9 la fois précédente.
A weaker figure than expected points to slowing activity: the US dollar tends to soften and markets price in lower rates.
Sur les 12 dernières publications, la valeur est allée de 52.6 à 56.1, avec une moyenne de 54.3. Elle a baissé trois publications d’affilée.
| Publié | Pour | Réel | Consensus | Précédent |
|---|---|---|---|---|
| 4 Nov 2026 | OCT | 54.5 | 54.8 | 54.9 |
| 5 Oct 2026 | SEP | 54.9 | 55 | 55.4 |
| 3 Sep 2026 | AUG | 55.4 | 54.3 | 54.1 |
| 5 Aug 2026 | JUL | 54.1 | 54.5 | 54.0 |
| 6 Jul 2026 | JUN | 54.0 | 54 | 54.5 |
| 3 Jun 2026 | MAY | 54.5 | 53.8 | 53.6 |
| 5 May 2026 | APR | 53.6 | 53.7 | 54.0 |
| 6 Apr 2026 | MAR | 54.0 | 55 | 56.1 |
| 4 Mar 2026 | FEB | 56.1 | 53.5 | 53.8 |
| 4 Feb 2026 | JAN | 53.8 | 53.5 | 53.8 ® |
| 7 Jan 2026 | DEC | 54.4 | 52.3 | 52.6 |
| 3 Dec 2025 | NOV | 52.6 | 52.1 | 52.4 |
Pourquoi c’est important
ISM is the oldest and most watched US business survey. Its headline indexes are released on the first business days of the month and give the first read of the month's economy; the prices component is watched as an early inflation signal and the new-orders component as a guide to the months ahead.
Mode de calcul
Purchasing managers answer whether activity is higher, the same or lower than the previous month. The index is the share answering higher plus half the share answering the same.
Diffusion index = % higher + ½ × % same
Above 50 = expanding, below 50 = contractingCe que signifient les variations
- The distance from 50 matters more than the change: 48 is mild contraction, 45 is serious.
- Prices paid above 60 has usually meant rising goods inflation.
- The services index covers most of the economy and often matters more than manufacturing.
Supérieur aux attentes : A stronger figure than expected points to a healthier economy: it usually supports the US dollar and local stocks, and can push bond yields up.
Inférieur aux attentes : A weaker figure than expected points to slowing activity: the US dollar tends to soften and markets price in lower rates.
Un bref historique
Purchasing managers' surveys in the US date back to the 1930s; the national survey that became the ISM Report on Business has been published monthly since 1948.
Questions
What is the United States ISM Services PMI?
The United States ISM Services PMI is part of the Institute for Supply Management's monthly survey of purchasing managers in the United States: overall activity, or one component such as new orders, employment or prices paid.
What was the latest United States ISM Services PMI?
54.5 for OCT, published on 4 November 2026 (consensus 54.8, previous 54.9).
When is the next United States ISM Services PMI?
On Thursday 3 December 2026 at 15:00 UTC.
Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.