US October ISM Non-Manufacturing PMI: A Key Indicator of Economic Trends

On October 3, 2025, the Institute for Supply Management (ISM) released the US ISM Non-Manufacturing PMI for October. The actual reading was 50, with no consensus forecast available; the previous reading was also 50.Definition: The ISM Non-Manufacturing Index, published by the Institute for Supply Management, is a key metric assessing the performance of the US service sector across multiple dimensions to gauge overall economic momentum. A reading above 50 indicates expansion, while below 50 signals contraction.Market Impact: An actual figure above expectations is typically positive for the US dollar, whereas a lower-than-expected result may weaken the dollar.This indicator has a high importance level (rated 3). The index is compiled using survey data from purchasing managers in the service sector and is released monthly. The next publication is scheduled for November 2025.

this-content

disclaimer-th