As traders approach another pivotal day for financial markets, a series of crucial economic data releases that could sway market dynamics are expected on Monday, May 5, 2025. The spotlight will be on the Services PMI and ISM Non-Manufacturing PMI reports, which will provide insights into the health of the U.S. service sector and overall economic conditions.

Major Economic Events to Watch

• 9:45 AM ET: Services PMI (Forecast:51.4, Previous: 54.4) - A key indicator of service sector performance based on surveys of over 400 executives.

• 10:00 AM ET: ISM Non-Manufacturing PMI (Forecast:50.6, Previous: 50.8) - A comprehensive gauge of the non-manufacturing sector’s economic condition.

Other Important Economic Events to Watch

• 9:45 AM ET: S&P Global Composite PMI (Forecast:51.2, Previous: 53.5) - A broad measure of economic activity across both manufacturing and services sectors.

• 10:00 AM ET: ISM Non-Manufacturing Employment (Previous:46.2) - Provides insight into employment trends in the service sector.

• 1:00 PM ET: 3-Year Note Auction (Previous:3.784%) - Indicates investor demand for medium-term government debt.

Other Economic Events to Watch

• 10:00 AM ET: ISM Non-Manufacturing New Orders (Previous:50.4) - Reflects incoming business in the service sector.

• 10:00 AM ET: ISM Non-Manufacturing Prices (Previous:60.9) - Measures price changes in the service sector.

• 10:00 AM ET: ISM Non-Manufacturing Business Activity (Previous:55.9) - Indicates the level of business activity in the service sector.

• 10:00 AM ET: CB Employment Trends Index (Previous:109.03) - Aggregates eight labor market indicators to forecast employment trends.

• 11:30 AM ET: 3-Month Bill Auction (Previous:4.200%) - Shows investor appetite for short-term government securities.

• 11:30 AM ET: 6-Month Bill Auction (Previous:4.065%) - Reflects demand for medium-term government debt.

• 12:00 PM ET: Total Vehicle Sales (Forecast:15.70M, Previous: 17.77M) - An important indicator of consumer spending and confidence.

For further information and the latest updates, please refer to our Economic Calendar, here .

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.