US ISM Services New Orders (Feb) 58.6 (Prev. 53.1)

Newsquawk Staff · 4 Mar 2026, 15:20 UTC

What it means

The significant rise in the US ISM Services New Orders index to 58.6 from 53.1 suggests a stronger demand shift in the services sector, which typically indicates robust economic activity. This could bolster expectations for continued economic growth and may influence the Federal Reserve's stance on monetary policy, potentially impacting rates and the USD positively.

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