FX.co ★ U.S. Service Sector Expands: ISM Non-Manufacturing PMI Rises to 54.4 in December

In a positive turn for the U.S. economy, the ISM Non-Manufacturing PMI climbed from 52.6 in November to 54.4 in December 2025, reflecting a notable expansion in the service sector. This increase signifies a healthier climate in the U.S. service industries, surpassing the 50.0 threshold that separates growth from contraction.

The latest data, updated on January 7, 2026, highlights an accelerated pace in non-manufacturing business activity as the year closed. The December reading shows more robust growth compared to November, suggesting improved demand and a buoyant economic outlook for the sector.

Economists and market analysts are optimistic about these figures, as they align with forecasts of sustained economic activity and consumer spending. The service sector's resilience showcases its crucial role in supporting the broader U.S. economy as we step into the new year.