ISM services business activity in the United States fell for the third month to 52 points in April of 2023 from 55.4 points in the previous month and below market forecasts of 54.5. The latest reading pointed to the weakest pace of business activity since May 2020. source: Institute for Supply Management

ISM Non Manufacturing Business Activity in the United States averaged 57.47 points from 1997 until 2023, reaching an all time high of 74.60 points in November of 2021 and a record low of 25.90 points in April of 2020. This page includes a chart with historical data for the United States ISM-Non Manufacturing Business Activity. United States ISM Services Business Activity - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

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United States ISM Services Business Activity

Calendar GMT Actual Previous Consensus TEForecast
2023-04-05 02:00 PM ISM Non-Manufacturing Business Activity Mar 55.4 56.3 55
2023-05-03 02:00 PM ISM Services Business Activity Apr 52 55.4 54.5 54
2023-06-05 02:00 PM ISM Services Business Activity May 52 52.1

Related Last Previous Unit Reference
Non Manufacturing PMI 51.90 51.20 points Apr 2023
Factory Orders Ex Transportation -0.70 -0.70 percent Mar 2023
Factory Orders 0.90 -1.10 percent Mar 2023
ISM Non Manufacturing Prices 59.60 59.50 points Apr 2023
ISM Non Manufacturing New Orders 56.10 52.20 points Apr 2023
ISM Non Manufacturing Employment 50.80 51.30 points Apr 2023
ISM Non Manufacturing Business Activity 52.00 55.40 points Apr 2023

United States ISM Services Business Activity
The Non-Manufacturing ISM Report On Business is based on data compiled from purchasing and supply executives nationwide. Survey responses reflect the change, if any, in the current month compared to the previous month. For each of the indicators measured (Business Activity, New Orders, Backlog of Orders, New Export Orders, Inventory Change, Inventory Sentiment, Imports, Prices, Employment and Supplier Deliveries) this report shows the percentage reporting each response, and the diffusion index. An index reading above 50 percent indicates that the non-manufacturing economy in that index is generally expanding; below 50 percent indicates that it is generally declining. Orders to the service producers make up about 90 percent of the US economy.
Actual Previous Highest Lowest Dates Unit Frequency
52.00 55.40 74.60 25.90 1997 - 2023 points Monthly