2025.09.0414:00:00UTC+00U.S. ISM Non-Manufacturing Prices Dip Slightly in August, Indicating Marginal Cooling

The Institute for Supply Management (ISM) has released its latest data on non-manufacturing prices, revealing a slight decrease from 69.9 in July to 69.2 in August 2025. This subtle decline, recorded on September 4, 2025, could signal the beginning of a cooling trend in the prices of goods and services outside the manufacturing sector in the United States.

These figures suggest a marginal easing of inflationary pressures within the non-manufacturing sectors of the economy. As one of the vital indicators used by economists and policymakers to gauge inflation and economic momentum, this small drop might offer some reprieve to businesses and consumers concerned about the cost of services in areas such as wholesale trade, retail, and the various segments of the service industry.

While the change is modest, the downward shift could influence consumer expectations and business pricing strategies moving forward. Future data will be critical in determining if this trend will continue and whether it will significantly affect the broader economic landscape that has seen persistent inflationary challenges over recent months. Policymakers and market participants alike will be closely monitoring subsequent reports to further understand the trajectory of pricing pressures as the year progresses.