The June ISM Services Index fell to 54.0, as business activity, new orders, and supplier deliveries moderated while remaining in expansion. 40 45 50 55 60 65 70 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 ISM Services PMI Service PMI 3-mo MA (sa, 50+ = expansion) Source: Institute of Supply Management, Haver Analytics, Morgan Stanley Research July 6, 2026 02:22 PM GMT U.S. Data Pulse | North America June ISM Services PMI Decelerated Slightly Key Takeaways The ISM Services index (PMI) fell to 54.0 in ...