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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS ISM Services New Orders climbed to 57.3 in May 2026
FMPMonthlyReleased June 2026
US ISM Services New Orders climbed to 57.3 in May 2026, released June 2026, up 3.8 from April's 53.5 reading. The print exceeded the 52.8 consensus by 4.5. The print is running well above the 12-month average of 54.02. Over the past 3 months, ISM Services New Orders averaged 57.05, vs 56.53 in the prior 3-month window. The reading is in the 76th percentile of the trailing 24-month range.
Latest Release
57.3
Actual
52.8
Consensus
53.5
Previous
Median Absolute Error
±5.01
across last 12 releases
Last Call
Jun 2026
Predicted: 52.8
Actual: 57.3
Error: -4.5
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/CAD | ▲ Direct | +0.54 | FOREX | Bullish USD | → View |
| GOOGL | ▲ Direct | +0.52 | STOCKS | Bullish GOOGL | → View |
| XAU/USD | ▼ Inverse | −0.52 | COMMODITIES | Bearish XAU | → View |
| USD/CHF | ▲ Direct | +0.49 | FOREX | Bullish USD | → View |
| GBP/USD | ▼ Inverse | −0.42 | FOREX | Bearish GBP | → 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 57.30 in June 2026. This beat the market consensus of 52.80 by 4.50. The reading rose from the previous value of 53.50. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 54.74, ranging from 50.30 to 58.60 across 9 releases.
WHY IT MATTERS
The trailing three releases averaged 56.33, up from the prior three at 55.67. Volatility over the past year (σ 2.98) is lower than the prior year (σ 3.49). In June readings over the past 3 years, ISM Services New Orders has averaged 52.60.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with USD/CAD (Bullish USD). A secondary relationship exists with GOOGL, positively correlated (Bullish GOOGL). 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 July 6, 2026. Same-country events in the next 14 days include NY Empire State Manufacturing Index (Jun 15) and Industrial Production MoM (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update June 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 (May 2026): actual 57.3, consensus 52.8. Prior reading (Apr 2026): 53.5. Before that (Mar 2026): 60.6.
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 headwind in the current projection. This indicator correlates most strongly with USD/CAD (Bullish USD, r=0.54) — a useful reference for forex-focused traders.