États-Unis PMI non industrielles

The ISM Services PMI in the US soared to 54.9 in September 2024 from 51.5 in August and much higher than forecasts of 51.7. The reading pointed to the strongest growth in the services sector since February 2023, amid faster increases in business activity (59.9 vs 53.3), new orders (59.4 vs 53) and inventories (58.1 vs 52.9) while employment declined (48.1 vs 50.2), price pressures increased (59.4 vs 57.3) and backlog of orders (48.3 vs 43.7) remained low. Supplier deliveries returned to expansion (52.1 vs 49.6). "The stronger growth indicated by the index data was generally supported by panelists' comments; however, concerns over political uncertainty are more prevalent than last month. Pricing of supplies remains an issue with supply chains continuing to stabilize; one respondent voiced concern over potential port labor issues. The interest-rate cut was welcomed; however, labor costs and availability continue to be a concern across most industries", Steve Miller, from the ISM said