{"id":126719,"date":"2026-05-05T18:27:38","date_gmt":"2026-05-05T14:27:38","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=126719"},"modified":"2026-05-05T18:44:08","modified_gmt":"2026-05-05T14:44:08","slug":"u-s-services-sector-cools-in-april-inflation-pressure-holds-steady-but-iran-war-storm-looms","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/u-s-services-sector-cools-in-april-inflation-pressure-holds-steady-but-iran-war-storm-looms\/05\/05\/market-updates\/","title":{"rendered":"U.S. Services Sector Cools in April: Inflation Pressure Holds Steady \u2014 But Iran War Storm Looms"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\"><\/h1>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Takeaways<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Services growth slows:<\/strong> The ISM non-manufacturing PMI eased to 53.6 in April from 54.0 in March, marginally below the 53.7 expected.<\/li>\n\n\n\n<li><strong>Still in expansion territory:<\/strong> Any reading above 50 signals growth, so the sector continues to expand \u2014 just at a slower pace.<\/li>\n\n\n\n<li><strong>Prices paid steady:<\/strong> The closely watched prices index held at 70.7, undershooting expectations of 73.7.<\/li>\n\n\n\n<li><strong>Inflation acceleration ahead:<\/strong> Analysts expect prices paid to climb as the Iran war energy shock works its way through the broader economy.<\/li>\n\n\n\n<li><strong>Sector matters big:<\/strong> Services account for the bulk of U.S. economic activity, making this gauge a key barometer of overall momentum.<\/li>\n<\/ul>\n\n\n\n<p>Activity in the key U.S. services sector expanded at a slower pace in April, while a gauge of prices paid by these businesses held steady \u2014 though it is widely expected to accelerate as the energy shock stemming from the Iran war ripples through the wider economy.<\/p>\n\n\n\n<p>The U.S. non-manufacturing purchasing managers&#8217; index from the Institute for Supply Management came in at 53.6 last month, down from 54.0 in March and slightly below economists&#8217; expectations of 53.7.<\/p>\n\n\n\n<p>A reading above 50 indicates expansion. Making up the bulk of overall economic activity, the services sector is closely tracked as a major engine of U.S. growth.<\/p>\n\n\n\n<p>Meanwhile, the measure of prices paid by these companies held at 70.7 \u2014 coming in below expectations of 73.7.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Services growth slows: The ISM non-manufacturing PMI eased to 53.6 in April from 54.0 in March, marginally below the 53.7 expected. Still in expansion territory: Any reading above 50 signals growth, so the sector continues to expand \u2014 just at a slower pace. Prices paid steady: The closely watched prices index held at &hellip;<\/p>\n","protected":false},"author":9,"featured_media":57755,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,37,36],"tags":[],"class_list":["post-126719","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=126719"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126719\/revisions"}],"predecessor-version":[{"id":126721,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126719\/revisions\/126721"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/57755"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=126719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=126719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=126719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}