United States: ISM Services PMI - Backlog of Orders (SA)

Macro

2026-07-06

Description

-

Published by
Institute for Supply Management (Choice)
Frequency
Monthly
Next Update

AI Data Insight

In the second quarter of 2026 (June), the US ISM Services Backlog of Orders Index surged significantly to 54.9 from the previous value of 51.3, standing firmly in expansion territory for the fifth consecutive month. Although the overall Services PMI remained flat at the consensus value of 54.0, driven by the World Cup tourism boom and robust consumption, companies have resumed hiring to clear backlogged orders, demonstrating better-than-expected economic resilience.

AI Data Insight

In the second quarter of 2026 (June), the US ISM Services Backlog of Orders Index surged significantly to 54.9 from the previous value of 51.3, standing firmly in expansion territory for the fifth consecutive month. Although the overall Services PMI remained flat at the consensus value of 54.0, driven by the World Cup tourism boom and robust consumption, companies have resumed hiring to clear backlogged orders, demonstrating better-than-expected economic resilience.

Description

-

Published by
Institute for Supply Management (Choice)
Frequency
Monthly
Next Update