Latest posts about Non-manufacturing
Page 1 of 4 pages.
Non-manufacturing sees June gains but COVID-19-related concerns remain
July 7, 2020
The report’s key indicator—the NMI—saw an 11.7% increase to 57.1 (a reading of 50 or higher indicates growth is occurring), halting a two-month stretch of declines, which was preceded by 122 consecutive months of expansion.
Non-manufacturing shows growth but recent events cloud outlook, says ISM
June 3, 2020
In an interview, Tony Nieves, chair of the ISM’s Non-Manufacturing Business Survey Committee, said that prior to the recent civil unrest and events of the past week, related to the death of George Floyd in Minneapolis, non-manufacturing seemed like it may have been on a path to recovery.
ISM semiannual report presents a tough outlook for manufacturing and non-manufacturing
May 15, 2020
While its predecessor report, which was released in December, issued a positive 2020 growth outlook for the manufacturing and non-manufacturing sectors, the new edition of the Institute for Supply Management’s (ISM) Semiannual Economic Forecast, which was issued today, tells a much different story, due to the ongoing COVID-19 pandemic.
Despite coronavirus issues, non-manufacturing is solid in February, says ISM
March 4, 2020
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 57.3 in February (a reading of 50 or higher indicates growth is occurring), which topped January’s 55.5 by 1.8%. The NMI headed up for the 121st consecutive month, and the February NMI is 4% above the 12-month average of 55.3, as well as the highest reading over that span.
ISM reports non-manufacturing begins 2020 with growth
February 5, 2020
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 55.5 in January (a reading of 50 or higher indicates growth is occurring), which edged out December’s 54.9 by 0.6%. The NMI headed up for the 120th consecutive month, and the January NMI is 0.1% above the 12-month average of 55.4.
ISM reports non-manufacturing growth intact to finish 2020
January 8, 2020
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 55 in December (a reading of 50 or higher indicates growth is occurring), which topped November’s reading by 1.1%.
Non-manufacturing remains solid in November, reports ISM
December 4, 2019
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 53.9 in November (a reading of 50 or higher indicates growth is occurring), which was 0.8% below October’s 54.7. The NMI headed up for the 118th consecutive month, and the November NMI is 1.9% below the 12-month average of 55.8.
October non-manufacturing output trends up, reports ISM
November 5, 2019
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 54.7 in October (a reading of 50 or higher indicates growth is occurring), which marked a 2.1% gain over September. The NMI headed up for the 117th consecutive month, and the October NMI is 1.6% below the 12-month average of 56.3.
September non-manufacturing comes up short to August while still growing
October 3, 2019
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 52.6 in September (a reading of 50 or higher indicates growth is occurring), which is a 3.8% decrease compared to August.
Non-manufacturing output is strong in August, says ISM
September 5, 2019
The index ISM uses to measure non-manufacturing growth—known as the NMI—came in at 56.4 (a reading of 50 or higher indicates growth is occurring), which was a 2.7% improvement over July’s 53.7 the lowest NMI reading going back to August 2016. This reading represents the 115th consecutive month of NMI growth, with August’s NMI down 1% compared to the 12-month average of 57.4.
Non-manufacturing slips in July but still growing, says ISM
August 5, 2019
The index ISM uses to measure non-manufacturing growth—known as the NMI—fell 1.4% to 53.7 (a reading of 50 or higher indicates growth is occurring) in July. This reading represents the 114th consecutive month of NMI growth, with July’s NMI down 3.9% compared to the 12-month average of 57.6. July’s reading is the lowest over that span.
Non-manufacturing index slips but finishes first half of year with growth
July 3, 2019
The index ISM uses to measure non-manufacturing growth—known as the NMI—slipped 1.8% to 55.1 (a reading of 50 or higher indicates growth is occurring). This reading represents the 113th consecutive month of NMI growth, with June’s NMI down 2.8% compared to the 12-month average of 57.9. June’s reading is the lowest over that span.
ISM semiannual report predicts manufacturing and non-manufacturing growth in 2019
May 8, 2019
Forecast of continued growth in both the manufacturing and non-manufacturing sectors is based on feedback from U.S.-based purchasing and supply chain executives.
Non-manufacturing output dips but is still growing, reports ISM
April 3, 2019
The index ISM uses to measure non-manufacturing growth—known as the NMI– fell 3.6% to 56.1 (a reading of 50 or higher indicates growth is occurring) in March, following a 3% gain from January to February.
ISM reports a mild dip in January non-manufacturing output
February 5, 2019
The index ISM uses to measure non-manufacturing growth—known as the NMI–dropped 1.3% to 56.7 in January compared to December’s 58. This marks the 108th consecutive month of growth for the NMI, with the January NMI off 2% compared to the 12-month average of 58.7.