ISM Services PMI
U.S. Services Sector Hits 3.5-Year High: Why the 56.1 PMI Reading is a Reality Check for Wall Street
The U.S. economy appears to be defying gravity. In a release that has sent shockwaves through both the bond and equity markets, the Institute for Supply Management (ISM) reported that its Services Purchasing Managers’ Index (PMI) surged to a three-and-a-half-year high of 56.1 in February 2026. This reading