ISM Services

ISM Services means a U.S. survey that tracks activity in the services sector. In simple terms, it is a major monthly report on U.S. service business conditions. ISM Services is important because services are a large part of the U.S. economy. Investors watch it for signals about demand, employment, business activity, and price pressure. For example, if ISM Services prices remain high, investors may worry that services inflation is still sticky. ISM Services is not the same as ISM Manufacturing. It focuses on services, while ISM Manufacturing focuses on factory activity.