Key Points:ISM Services PMI declined from 51.6 to 49.9.S&P Global Services PMI increased from 50.8 to 53.7.S&P Global Composite PMI improved from 50.6 to 53.On June 4, 2025, the Institute for Supply Management released ISM Services PMI report for May. The report indicated that ISM Services PMI decreased from 51.6 in April to 49.9 in May, compared to analyst forecast of 52. Numbers below 50 show contraction.More information in our economic calendarThe New Orders index decreased from 52.3 in April