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<Econ> US Mar ISM Services PMI Falls to 54, Below Expectations
According to the latest Institute for Supply Management (ISM) Services Purchasing Managers' Index (PMI) report, purchasing and supply executives in the US indicated that economic a...
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<Econ> US Mar ISM Services PMI Falls to 54, Below Expectations
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According to the latest Institute for Supply Management (ISM) Services Purchasing Managers' Index (PMI) report, purchasing and supply executives in the US indicated that economic activity in the services sector continued to expand in March. The Services PMI registered 54, marking the 21st consecutive month in expansion territory, but below market expectations of 55.

The Business Activity Index remained in expansion territory in March, but fell to 53.9 from 59.9 in February, the lowest level since September 2025. The New Orders Index rose to 60.6, up 2 ppts from 58.6 in February, reaching its highest level since February 2023. The Employment Index contracted for the first time in four months, registering 45.2, down 6.6 ppts from 51.8 in February.

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Meanwhile, the Prices Index climbed to 70.7, the highest level since October 2022, compared with 63 in February, mainly driven by rising oil prices and fuel costs. The Supplier Deliveries Index indicated slower performance compared with February, coming in at 56.2, as shipping issues and flight disruptions caused by the Middle East conflict and winter weather weighed on deliveries.

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This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

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