ISM Services PMI Expanded for Eighth Consecutive Month in February Despite Anxieties

Published on March 5, 2025

The Institute for Supply Management (ISM) released its February Services Purchasing Managers' Index (PMI), with the headline composite index at 53.5—above the forecast of 52.5. This marks the eighth consecutive month of expansion despite anxieties over tariffs and federal spending cuts.

Continue reading on website
Other news

S&P Global Services PMI: Slowest Growth Since November 2023

March 5, 2025
The February U.S. Services Purchasing Managers' Index (PMI) from S&P Global came in at 51.0, higher than the 49.7 forecast. The reading marks the 25th consecutive month of expansion but is the slowest growth since November 2023.

Traders See Wild S&P 500 Swings After Trump Address to Congress

March 5, 2025
US stocks have been on a wild ride this week, and options traders expect more of that to come as traders assess the latest tariff developments and brace for Friday’s monthly jobs report.