The cost pressures in the U.S. services sector intensified in September, with the ISM Non‑Manufacturing Prices Index edging higher to 74.0 from 72.6 in August 2026. The latest reading, updated on 05 October 2026, points to a further pickup in prices paid by services providers across the United States.
The rise from August’s level suggests that service-sector firms continued to face growing input costs as the third quarter drew to a close. With the index moving deeper into elevated territory in September 2026, the data underline persistent price momentum in non‑manufacturing industries, a key component of overall economic activity.
Market participants and policymakers are likely to watch upcoming releases closely to gauge whether this upward drift in services prices continues or begins to stabilize heading into the final quarter of the year.
