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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS ISM Services New Orders climbed to 60.9 in August 2026
FMPMonthlyReleased September 2026
US ISM Services New Orders climbed to 60.9 in August 2026, released September 2026, up 3.7 from July's 57.2 reading. The print exceeded the 57 consensus by 3.9. The print is running well above the 12-month average of 55.33. ISM Services New Orders is now the highest in 38 months.
Latest Release
60.9
Actual
57
Consensus
57.2
Previous
Median Absolute Error
±5.01
across last 12 releases
Last Call
Sep 2026
Predicted: 57.95
Actual: 60.9
Error: -2.95
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| GBP/USD | ▼ Inverse | −0.59 | FOREX | Moves against | → View |
| EUR/USD | ▼ Inverse | −0.49 | FOREX | Moves against | → View |
| USD/CHF | ▲ Direct | +0.39 | FOREX | Moves with | → View |
| NZD/USD | ▼ Inverse | −0.32 | FOREX | Moves against | → View |
| USD/CAD | ▲ Direct | +0.30 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
ISM Services New Orders (United States) was reported at 60.90 in September 2026. This beat the market consensus of 57.00 by 3.90. The reading rose from the previous value of 57.20. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged 56.06, ranging from 50.40 to 60.90 across 9 releases.
WHY IT MATTERS
The trailing three releases averaged 58.47, up from the prior three at 56.53. Volatility over the past year (σ 3.11) is lower than the prior year (σ 3.48). In September readings over the past 3 years, ISM Services New Orders has averaged 56.63.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with GBP/USD (Bearish GBP). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 5.01.
WHAT TO WATCH NEXT
The next release is scheduled for October 5, 2026. Same-country events in the next 14 days include NY Empire State Manufacturing Index (Sep 15) and NY Empire State Manufacturing Index (Sep 15).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
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ISM Services New Orders - US
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About ISM Services New Orders — United States
DEFINITION
ISM Services New Orders is a key economic indicator that measures the level of new orders placed with service-providing companies in the United States. This data is collected and reported by the Institute for Supply Management (ISM) and is used by investors, businesses, and policymakers to gauge the strength of the service sector and overall economic activity. A higher reading of ISM Services New Orders indicates increased demand for services, which can lead to higher revenue and growth for companies in this sector.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2026): actual 60.9, consensus 57. Prior reading (Jul 2026): 57.2. Before that (May 2026): 57.3.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with GBP/USD (Bearish GBP, r=-0.59) — a useful reference for forex-focused traders.
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Economic Calendar - US Events
| Monday, September 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 15:30 | US | 3-Month Bill Auction | 3.8 | 3.809 | 3.81 | Low | |
| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | US | NY Empire State Manufacturing Index | 20.6 | 15 | 10.85 | High | |
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | US | Retail Sales MoM | -0.4 | -0.1 | -0.10 | High | |
| 12:30 | US | Retail Sales Ex Autos MoM | -0.3 | 0.5 | 0.50 | High | |
| 12:30 | US | Import Prices YoY | 5.9 | 6 | 6.35 | Low | |
| 12:30 | US | Retail Sales Ex Gas/Autos MoM | -0.2 | 0.1 | 0.10 | High | |
| 12:30 | US | Retail Sales YoY | 5 | 4.3 | 4.30 | High | |
| 12:30 | US | Export Prices MoM | -1.3 | -0.5 | -0.45 | Medium | |
| 12:30 | US | Import Prices MoM | -0.4 | 0.2 | 0.65 | Medium | |
| 12:30 | US | Export Prices YoY | 8.2 | 7.5 | 7.90 | Low | |
| 14:00 | US | Business Inventories MoM | 0 | 0.2 | 0.20 | Medium | |
| 14:00 | US | NAHB Housing Market Index | 35 | 34 | 33.50 | Medium | |
| 14:00 | US | Retail Inventories Ex Autos MoM | 0.7 | -0.5 | 0.7 | 0.70 | Low |
| 18:00 | US | Fed Interest Rate Decision | 3.75 | 4 | 4.00 | High | |
| 20:00 | US | Net Long-Term TIC Flows | 172.7 | 146.3 | 146.30 | Medium | |