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July non-manufacturing activity is impressive, reports ISM

By Jeff Berman, Group News Editor
August 05, 2014

Non-manufacturing activity saw strong increases across the board for the month of July, while hitting some new highs for certain metrics, according to the Non-Manufacturing Report on Business released by the Institute for Supply Management today. 

The NMI, the ISM’s index to measure growth, increased 2.7 percent to 58.7, which is its highest level since its inception in January 2008. A reading above 50 represents growth. The July NMI is 3.7 percent higher than that 12-month average of 55.0 and marks the 54th consecutive month of growth in the non-manufacturing sector.

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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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