AI Data Insight
The US ISM Services New Orders Index for 2026-07-01 (Q3 2026) climbed to 57.2, expanding significantly from the previous value of 55.1 and beating market expectations. Although the employment index plunged into contraction territory, overall business activity remained robust, driven by the World Cup and summer activities. Looking ahead, close attention must be paid to the potential backlash risks of soaring operating costs and a cooling employment market on end-consumer spending.