US Services Sector Shows Signs of Stagnation in July

TL;DR
The July 2025 Services PMI® was 50.1%, indicating slight expansion in the U.S. service sector for the second consecutive month, with mixed signals such as contraction in employment and increased prices, reflecting slow growth and ongoing impacts from tariffs and global trade tensions.
- Services PMI® at 50.1%; July 2025 Services ISM® Report On Business® PR Newswire
- US Service Activity Nearly Stagnates as Employment Contracts Bloomberg.com
- US services activity flatlined in July, ISM data shows Reuters
- Biggest part of the U.S. economy barely grows in July, ISM finds, due to tariff knock-on effects MarketWatch
- Gold price pulls back from high after ISM Services PMI falls to 50.1 in July KITCO
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