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ISM non-manufacturing index hits all-time high in August

By Jeff Berman, Group News Editor
September 05, 2013

While non-manufacturing activity in July had a very strong month, it was followed up by an even better one in August, according to the Institute for Supply Management’s Non-Manufacturing Report on Business.

The ISM reported that its index used to measure growth—the NMI—hit its highest recorded level ever since its January 2008 introduction at 58.6 (a reading above 50 represents growth), representing a 2.6 percent gain over July’s 56.0. This NMI reading is ahead of the 12-month average of 55.0. Non-manufacturing activity has seen gains over the last 44 months. 

To read the complete article, please click here.

About the Author

image
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff joined the Supply Chain Group in 2005 and leads online and print news operations for these publications. In 2009, Jeff led Logistics Management to the Silver Medal of Folio’s Eddie Awards in the Best B2B Transportation/Travel Website category. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. If you want to contact Jeff with a news tip or idea,
please send an e-mail to .(JavaScript must be enabled to view this email address).


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About the Author

Jeff Berman, News Editor
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman.


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