The business activity gauge from the ISM non-manufacturing PMI rose to 59.9 in February of 2026 from 57.4 in the previous month, the highest since September of 2024. ISM Non Manufacturing Business Activity in the United States averaged 57.25 points from 1997 until 2026, reaching an all time high of 70.40 points in November of 2021 and a record low of 26.10 points in April of 2020. source: Institute for Supply Management



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-04 03:00 PM
ISM Services Business Activity
Jan 57.4 55.2 55.8
2026-03-04 03:00 PM
ISM Services Business Activity
Feb 59.9 57.4 57
2026-04-03 02:00 PM
ISM Services Business Activity
Mar 59.9


Related Last Previous Unit Reference
ISM Manufacturing PMI 52.40 52.60 points Feb 2026
Factory Orders MoM 0.10 -0.40 percent Jan 2026
Factory Orders ex Transportation 0.40 0.60 percent Jan 2026
ISM Manufacturing Employment 48.80 48.10 points Feb 2026
ISM Manufacturing New Orders 55.80 57.10 points Feb 2026
ISM Manufacturing Prices 70.50 59.00 points Feb 2026
ISM Services Business Activity 59.90 57.40 points Feb 2026
ISM Services Employment 51.80 50.30 points Feb 2026
ISM Services New Orders 58.60 53.10 points Feb 2026
ISM Services Prices 63.00 66.60 points Feb 2026


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
59.90 57.40 70.40 26.10 1997 - 2026 points Monthly
SA