Markets
U.S. Services Growth Slows as ISM Reports Higher Input Prices and Longer Delivery Times
September’s services PMI fell to 54.9, while the prices index rose to 74.0 and the employment measure returned just above the expansion threshold.
By Marcus Elrod
Oct 5, 2026 · 3 min read
U.S. services activity continued expanding in September, but at a slower pace, as input costs increased and suppliers took longer to deliver, according to the Institute for Supply Management’s report released October 5. The services purchasing managers’ index fell to 54.9 from 55.4 in August.
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Marcus Elrod
Marcus tracks positioning, flows and rates. He writes CI's weekly market internals column.
Marcus Elrod writes for Corporate Insider Inc.