September 2025 ISM® Services PMI®: Key Report Highlights
The ISM® Services PMI® report for September 2025 presents key insights into the economic health of the services sector in the United States. This report is distinct from regional purchasing reports, encapsulating a national overview derived from surveys of supply executives.
Overview of the ISM® Services PMI® Report
The ISM® Services PMI® Report is based on data collected from purchasing executives across various sectors. It weighs responses from the Services Business Survey Panel—comprising diverse industries according to their contributions to GDP.
Key Industries and Their Contributions
- Real Estate, Rental & Leasing
- Public Administration
- Professional, Scientific & Technical Services
- Health Care & Social Assistance
- Information
- Finance & Insurance
Understanding the Index
The Services PMI® is a composite index derived from diffusion indexes of four key indicators: Business Activity, New Orders, Employment, and Supplier Deliveries. A reading above 50% indicates growth, while a reading below suggests contraction.
Current Economic Indicators
The report shows how surveyed executives perceive changes in various metrics compared to the previous month. Key indicators include:
- Business Activity
- New Orders
- Backlog of Orders
- Employee levels
- Supplier Deliveries
Specifically, a Services PMI® reading above 48.6% over time suggests overall economic expansion, while readings below indicate potential decline.
Data Collection Methodology
The ISM® solicits feedback from its panel in the early part of each month, ensuring current month operations are accurately captured. The compiled data is released on the third business day of the following month.
Looking Ahead
The next ISM® Services PMI® Report will be available on November 5, 2025, showcasing October data. This report remains a critical tool for supply management professionals, economists, and business leaders seeking to navigate economic conditions effectively.
Conclusion
The September 2025 ISM® Services PMI® offers valuable insights into the service industry’s performance, crucial for understanding broader economic trends. Stakeholders are encouraged to utilize this information in their strategic planning and decision-making processes.
