View:
April 6, 2026 2:15 PM UTC
March’s ISM services index of 54.0 is weaker than expected and down from February’s 56.1 which was the strongest since July 2022. However, March’s reading remains higher than in every month of 2025, contrasting the S and P services PMI, which on Friday was revised down to a below neutral 49.8
April 6, 2026 1:32 PM UTC
We expect February durable goods orders to decline by 2.2% on a correction from recent strength in aircraft, though ex transport we expect continued underlying strength to be shown, with a rise of 0.7%.