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US ISM non Manufacturing PMI 50.1 versus 51.5 estimate.

US Services PMI – July 2025 Component Breakdown

  • Services PMI: 50.1 (Jun 50.8) – ↓ 0.7

  • Business Activity/Production: 52.6 (Jun 54.2) – ↓ 1.6

  • New Orders: 50.3 (Jun 51.3) – ↓ 1.0

  • Employment: 46.4 (Jun 47.2) – ↓ 0.8

  • Supplier Deliveries: 51.0 (Jun 50.3) – ↑ 0.7

  • Inventories: 51.8 (Jun 52.7) – ↓ 0.9

  • Prices: 69.9 (Jun 67.5) – ↑ 2.4

  • Backlog of Orders: 44.3 (Jun 42.4) – ↑ 1.9

  • New Export Orders: 47.9 (Jun 51.1) – ↓ 3.2

  • Imports: 45.9 (Jun 51.7) – ↓ 5.8

  • Inventory Sentiment: 53.2 (Jun 57.1) – ↓ 3.9

This article was written by Greg Michalowski at investinglive.com.

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