Estados Unidos PMI Não-Manufatura

The ISM Services PMI unexpectedly jumped to 51.6 in April 2025 from a nine-month low of 50.8 in March and above forecasts of 50.6. New orders (52.3 vs 50.4) and inventories (53.4 vs 50.3) grew at a faster rate and business activity remained in expansion territory (53.7 vs 55.9). Also, employment continued to contract although at a slower pace (49 vs 46.2). Meanwhile, there was a slower supplier delivery performance (51.3 vs 50.6) and price pressures jumped to the highest since February 2023 (65.1 vs 60.9). "Regarding tariffs, respondents cited actual pricing impacts as concerns, more so than uncertainty and future pressures. Respondents continue to mention federal agency budget cuts as a drag on business, but overall, results are improving”, according to Steve Miller, Chair of the Institute for Supply Management Services Business Survey Committee.