In a sign of modest growth for the U.S. services sector, the ISM Non-Manufacturing New Orders Index rose to 52.2 in February 2025, according to data released on March 5, 2025. This marks an increase from January's reading of 51.3, signaling a moderate uptick in new orders within the industry.
The non-manufacturing sector, which encompasses a broad range of services, has shown resilience amid varying economic conditions. February's increase suggests a continued, albeit cautious, confidence among companies in the sector, translating into more new orders.
This growth is observed as the sector navigates through challenges such as supply chain disruptions and fluctuating consumer demand. The latest data provides a positive outlook for the near future, as further increases in the index could indicate stronger expansion for this segment of the U.S. economy. However, analysts note it remains essential to monitor upcoming trends to fully understand the sector's trajectory moving forward.
