US September ISM Non-Manufacturing Prices Index: Leading Indicator of Economic Trends

On September 4, 2025, the Institute for Supply Management (ISM) released the US September ISM Non-Manufacturing Prices Index. The reported value was 69.2, with no forecast available; the previous reference value was also 69.2.This index measures price changes in the non-manufacturing sector and serves as a leading indicator of overall economic direction and health. A reading above 50 signals economic expansion, while a reading below 50 indicates contraction. If the actual figure exceeds expectations, it is generally considered positive for the US dollar.The index carries a medium level of market significance (importance level: 2). It is calculated based on survey responses from non-manufacturing purchasing managers and is released monthly, with the next publication scheduled for the following month.

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