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Nonmanufacturing Index Rises Amid Ongoing Government Shutdown

11/6/2025

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Summary

Story summary

The Institute for Supply Management reported the nonmanufacturing purchasing managers index rose to 52.4 in October from 50.0 in September.
New orders surged.
The employment index contracted for the fifth consecutive month.
The government shutdown, now in its 36th day, obscures economic data and could trim GDP by 1–2 percentage points.
The Supreme Court will hear arguments on the legality of U.S. President Donald Trump’s tariffs.

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Story summary

The Institute for Supply Management reported the nonmanufacturing purchasing managers index rose to 52.4 in October from 50.0 in September.
New orders surged.
The employment index contracted for the fifth consecutive month.
The government shutdown, now in its 36th day, obscures economic data and could trim GDP by 1–2 percentage points.
The Supreme Court will hear arguments on the legality of U.S. President Donald Trump’s tariffs.