January sees strong growth in services sector as PMI remains robust.
- Services PMI registers at 53.8 for January 2026.
- The figure suggests continued expansion in the services sector.
- ISM report underlines positive trends in business activity.
The Institute for Supply Management (ISM) has reported that the Services Purchasing Managers' Index (PMI) for January 2026 stands at 53.8. This figure indicates a continued expansion within the services sector, as any reading above 50 suggests positive growth. The Services PMI is a significant indicator of business activity and economic health, reflecting developments in various service industries.
The January 2026 Services PMI figure highlights ongoing strength in the sector, with performance driven by key metrics such as new orders and employment. In the ISM report, several industries reported increased activity, contributing to the overall positive trend. These findings bolster the outlook for economic growth, emphasizing the importance of the services sector's recovery and expansion.
As businesses navigate the evolving economic landscape, the Services PMI will continue to be an essential tool for understanding growth trends in the services sector. The resilience shown in January's figures provides a backdrop for future economic activity, particularly as various sectors work through challenges and opportunities. Stakeholders will monitor these trends closely to gauge broader economic conditions.
