TOTAL VOLUME:
$154.4b
24H VOL:
$245,801,863
24H TRANSACTIONS:
2,984,028,936
OPEN INTEREST:
$1,902,097,102
417,059
Markets across
40,178
events
MATCHED EVENTS:
4,415
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Time left: 08d:14h:21m
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The US ISM Services Purchasing Managers' Index (PMI) is a key economic indicator that reflects the health of the service sector. A reading above 50 indicates expansion, while below 50 signals contraction. Tracking this metric helps analysts gauge economic momentum and consumer-driven growth trends.
All markets resolve to Yes if the US ISM Services PMI for October 2026 exceeds the specified threshold values ranging from 53.60 to 56.40. Each market corresponds to a distinct numerical threshold, with higher thresholds representing increasingly stringent conditions for resolution. The outcome depends solely on whether the published PMI value surpasses the respective threshold, and all thresholds are evaluated against the same official data release for the specified month and year.
Currently, the prevailing sentiment in this market reflects expectations around the October ISM Services PMI release. It’s often the case that prediction market prices incorporate a wider range of information than traditional analyst forecasts, including sentiment analysis and alternative data sources. While many analysts predict a slight increase, this market’s pricing suggests a more nuanced view, potentially accounting for downside risks or unexpected economic factors. Comparing the implied probability from this market to the consensus forecast can offer valuable insights into the collective wisdom of traders.
On Kalshi, this market is priced using a continuous double auction, meaning traders buy and sell contracts representing different possible outcomes for the ISM Services PMI. The price of each contract reflects the market’s assessment of the probability of that outcome occurring. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders set the odds by placing bids and asks, and the market price fluctuates based on supply and demand. This dynamic pricing mechanism allows for real-time adjustments as new information becomes available, making it a responsive indicator of expectations.
This market resolves around Nov 11, 2026, with the outcome confirmed once the official October ISM Services PMI data is released and verifiable from credible public reporting. The resolution will be based on the final, published figure for the ISM Services PMI, as reported by the Institute for Supply Management. Traders will then be paid out based on whether their chosen outcome aligns with the reported data. This ensures a transparent and objective determination of the market’s result.
Several factors could significantly influence this market before resolution. Unexpected economic data releases, such as employment figures or manufacturing PMI data, could shift expectations for the services sector. Any major geopolitical events or shifts in global economic sentiment could also play a role. Furthermore, statements from Federal Reserve officials regarding monetary policy or economic outlook could impact trader behavior. Finally, revisions to previous PMI data could prompt reassessments of the current economic climate and move this market accordingly.