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Economic Data Brief |
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Business activity
ISM Services PMI — July 2026
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| The Services PMI edged up 0.1 pt in July 2026 to 54.1, short of the 54.5 consensus. Business activity jumped 3.7 pts to 59.1 and new orders rose 2.1 pts to 57.2 — but employment fell 3.8 pts to 47.4, through the 50 line, while prices paid rose 2.6 pts to 70.3. No prior month was revised. | |
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Services PMI
54.1
▲ +0.1 pts m/m
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Business activity
59.1
▲ +3.7 pts m/m
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New orders
57.2
▲ +2.1 pts m/m
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Employment
47.4
▼ −3.8 pts m/m
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Revision check| Revision check clear. Prior periods were checked against the values in the last report — no revisions found. All changes below are computed on current-vintage data. |
Key figures| Headline → | July 2026 | June 2026 | M/M chg | M/M % | Y/Y chg | Y/Y % | 12-period trend |
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| Services PMI consensus 54.5 | 54.1 | 54.0 | ▲ +0.1 pts | ▲ +0.2% | ▪ — | — | | | Business activity | 59.1 | 55.4 | ▲ +3.7 pts | ▲ +6.7% | ▪ — | — | | | New orders | 57.2 | 55.1 | ▲ +2.1 pts | ▲ +3.8% | ▪ — | — | | | Employment | 47.4 | 51.2 | ▼ −3.8 pts | ▼ −7.4% | ▪ — | — | | | Prices paid | 70.3 | 67.7 | ▲ +2.6 pts | ▲ +3.8% | ▪ — | — | | | Trend bars show the level over the last 13 periods; the latest period is highlighted. |
Full detailShow every category and subcategory| Full detail — remaining subindexes → | July 2026 | June 2026 | M/M chg | M/M % | Y/Y chg | Y/Y % |
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| Supplier deliveries | data not available | | Inventories | data not available | | Backlog of orders | data not available | | New export orders | data not available |
Sources |
Economic Impact Group, LLC
Economic research for developing communities
Prepared 2026-08-05 18:17 UTC. Green marks an
increase, red a decrease — direction only, not good or bad.
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