MM Daily

(GMT)
2025-07-03

June ISM Services PMI Meets Expectations at 50.8

Highlight

The Institute for Supply Management (ISM) reported that the Services Purchasing Managers' Index (PMI) for June stood at 50.8, aligning with market expectations and showing an increase from the previous month's 49.9.

Components

  • Business Activity rose to 54.2 from 50.0, indicating a significant improvement.
  • New Orders increased to 51.3 from 46.4, reflecting a positive trend.
  • Employment decreased to 47.2 from 50.7, suggesting a contraction in hiring.
  • Supplier Deliveries fell to 50.3 from 52.5, indicating faster deliveries.
  • Inventory climbed to 52.7 from 49.7, showing growth in stock levels.
  • Prices slightly decreased to 67.5 from 68.7, still indicating high price levels.
  • Backlog of Orders decreased to 42.4 from 43.4, suggesting a reduction in pending orders.
  • New Export Orders improved to 51.1 from 48.5, indicating growth in international demand.
  • Imports rose to 51.7 from 48.2, reflecting increased import activity.
  • Inventory Sentiment dropped to 57.1 from 62.9, indicating a decrease in satisfaction with current inventory levels.
This content was generated by AI.

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