ISM Services PMI: Expansion Continued in January

Published on February 4, 2026

The Institute for Supply Management (ISM) released its January Services Purchasing Managers' Index (PMI), with the headline composite index at 53.8. This was higher than the forecast of 53.5 and keeps the index at its highest level since December 2024.

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S&P Global Services PMI: Growth Sustained in January

February 4, 2026
The January U.S. Services Purchasing Managers' Index (PMI) from S&P Global inched up 0.2 points to 52.7, indicating sustained growth in the services sector last month. The latest reading marks three straight years of continuous service sector expansion and was lower than the forecast of 52.5.

ADP National Employment Report: 22K Private Jobs Added in January

February 4, 2026
The ADP employment report revealed that 22,000 nonfarm private jobs were added in January, down from the 37,000 added in December. The latest figure was lower than the expected 46,000 addition.