Economy · United States · Business activity

US ISM services business activity

56.5 in September 2026, compared with 61.7 in August 2026.

Monthly · index, 50 = no change · 49.9 a year earlier · Updated 12 hrs ago

Range, past 10 years52-week and 10-year range The lowest and highest values over a period, with a marker for where the latest value sits between them. Learn more: 49.9 Sept 202561.7 Aug 2026
Over 3 monthsYear on year, month on month, quarter on quarter How a figure compares with the same period a year earlier (y/y), or with the period just before (m/m, q/q). Year-on-year removes seasonal swings; shorter comparisons show turning points sooner. Learn more: +2.0%from 55.4
Over 12 monthsPercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more: +13.2%from 49.9
Long-run averageLong-run average The average of every reading in the series' history. A rough guide to what is normal, though economies change and some series never return to their old average. Learn more: 55.4since 2025

HistorySeasonally adjusted A figure with the regular calendar pattern removed (Christmas, school holidays, harvests), so one month can be compared fairly with the next. Learn more

index, 50 = no change, monthly

45.050.055.060.065.0May 2025Jan 2026Sept 2026

Show the data

The latest 17 readings in this range.

Whether services firms' activity rose or fell compared with a month earlier.

The services counterpart of manufacturing production: what firms are doing now.