September 2024: Mixed report from both industries with employment weaker in both sectors
- The September 2024 Services ISM reveals positive momentum in the U.S. services sector, with a Services PMI of 54.9%, indicating growth. The increase of 3.4 percentage points from August highlights expansion in business activity, new orders, and supplier deliveries.
- The September 2024 Manufacturing ISM indicates continued contraction in the U.S. manufacturing sector, with the Manufacturing PMI® at 47.2%, matching August’s figure.
https://www.ismworld.org/supply-management-news-and-reports/reports/ism-report-on-business/services/september/
