WS News
06 Jul 2026, 15:13
U.S. ISM Services PMI Slows in June While Price Pressures Ease
The U.S. services sector continued to expand in June, although growth came in slightly below expectations as the latest ISM data pointed to moderating business activity and easing inflationary pressures.
The ISM Non-Manufacturing PMI declined to 54.0 in June from 54.5 in May, missing the consensus estimate of 54.2. Despite the modest slowdown, the index remained comfortably above the 50-point threshold, signaling continued expansion in the services sector, which accounts for the majority of U.S. economic activity.
Meanwhile, the ISM Non-Manufacturing Prices Index fell sharply to 67.7 from 71.3, while coming in just above expectations of 67.5.
The U.S. services sector continued to expand in June, although growth came in slightly below expectations as the latest ISM data pointed to moderating business activity and easing inflationary pressures.
The ISM Non-Manufacturing PMI declined to 54.0 in June from 54.5 in May, missing the consensus estimate of 54.2. Despite the modest slowdown, the index remained comfortably above the 50-point threshold, signaling continued expansion in the services sector, which accounts for the majority of U.S. economic activity.
Meanwhile, the ISM Non-Manufacturing Prices Index fell sharply to 67.7 from 71.3, while coming in just above expectations of 67.5.