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Non-manufacturing shows more growth in March, according to ISM report

By Jeff Berman, Group News Editor
April 04, 2014

Non-manufacturing activity in March was solid, as was the first quarter, according to the Institute for Supply Management’s March Non-Manufacturing Report on Business.

The NMI, the ISM’s index to measure growth, rose 1.5 percent to 53.1 in March. A reading above 50 represents growth. The March PMI is 1.1 percent below the 12-month average of 54.2, and the cumulative average of the PMI for the first quarter is 52.9. The positive March NMI reading marks the 50th consecutive month of growth for 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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