Prices inA$US$

FinVolio

Economy · United States · Business activity

US ISM services prices paid

74.0 in September 2026, compared with 72.6 in August 2026.

Monthly · index, 50 = no change · Highest since at least 2023 · Updated 12 hrs ago

Next: ISM services PMI, Thu, 5 Nov, 2:00am Sydney time (usual time)

Add US ISM services prices paid to your list

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
53.4 Mar 202474.0 Sept 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
+9.3%from 67.7
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
+6.6%from 69.4
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
64.5since 2023
Against its historyPercentile against history Where the latest reading ranks among every reading since the series began. The 90th percentile means it is higher than 90% of past readings. Learn more
100thpercentile: higher than 100% of readings since 2023

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

Show the data
Periodindex, 50 = no change
September 202674.0
August 202672.6
July 202670.3
June 202667.7
May 202671.3
April 202670.7
March 202670.7
February 202663.0
January 202666.6
December 202565.1
November 202565.9
October 202569.5
September 202569.4
August 202569.2
July 202569.9
June 202567.5
May 202568.7
October 202458.1
September 202459.4
August 202457.3
July 202457.0
June 202456.3
May 202458.1
April 202459.2

The latest 24 readings in this range.

Source: Institute for Supply Management, Report On Business (services), from ISM's monthly press releases. Data from November 2023.

Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more

Thu, 5 Nov, 2:00am Sydney time (usual time) · ISM services PMI, for October 2026

AI estimateFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn moreclaude-sonnet-5-554.7range 52.1 to 57.2
Model estimate80% range A band that the actual figure should land inside about four times in five. If actuals fall outside it more often than one time in five, the estimate is overconfident. Learn morelast reading plus half the recent trend55.1range 52.3 to 57.8
Last reading74.0September 2026

The index has held in a 53.6-56.1 range since February 2026 and sits at 54.9, with services new orders strong at 59.8 and manufacturing PMI at 54.5 supporting continued expansion. Some mean reversion from the recent high readings, along with high prices paid (74.0) and a slightly rising unemployment rate (4.2%), points to a value just below the baseline of 55.1.

Estimates are FinVolio's own, made from this series and related indicators. They are not a consensus forecast and not advice.

What it measures

Whether services firms are paying more or less for what they buy than a month earlier.

Why it matters

Services inflation is the stickiest part of inflation, and the part central banks watch most closely.