Service Sector Warning: Prices Are Back | S3 E164 | 09-03-26
The ISM Services Index ticked up in August, and the report’s prices paid component jumped to its highest level since August 2022, back when the economy was still digging out of the post-pandemic inflation spike. Megan breaks down what’s behind the rise in service sector activity and why the pricing data is worth watching heading into the Fed’s next move.
In this episode, Megan covers:
🔹 Why the ISM Services Index rose in August and what’s driving the strength
🔹 The prices paid component’s jump to its highest level since August 2022
🔹 Business activity and new orders climbing to their highest levels in over a year
🔹 How Fed speech on holding rates steady moved the equity markets today
🔹 Why tomorrow’s jobs report is the last piece of data before the Fed’s rate decision
If you’re trying to make sense of what these numbers mean for your own portfolio and retirement planning, take five minutes to listen in.
For a history of all Markets with Megan episodes, visit: https://marketswithmegan.FM
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