Latest posts about Non-manufacturing
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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.
Non-manufacturing output drops in December but shows growth for all of 2018
January 7, 2019
Non-manufacturing activity in December finished 2018 with a decrease compared to November, while still maintaining a prolonged stretch of growth, according to the Non-Manufacturing Report on Business, which was issued by the Institute for Supply Management (ISM) today.
Growth for 2019 remains in the cards, says ISM Semiannual Economic Forecast
December 11, 2018
Optimism for the manufacturing and non-manufacturing sectors, in 2019, is firmly intact, albeit not at the same level as 2018, according to the Institute for Supply Management’s (ISM) Semiannual Economic Forecast, which was released this week.
ISM data points to strong non-manufacturing output in November
December 6, 2018
The index ISM uses to measure non-manufacturing growth—known as the NMI–rose 0.4% to 60.7 (a reading above 50 indicates growth), following a 1.3% decline in October (coming off of September’s all-time high of 61.6), and grew for the 106th consecutive month. The November NMI is 1.8% above the 12-month average of 58.8.
ISM reports solid non-manufacturing growth in May
June 5, 2018
The NMI index headed up 1.8% to 58.6 in May, 0.9% ahead of the 12-month average of 58.6.
ISM Semiannual Economic Forecast looks at 2018 as a growth year
May 7, 2018
ISM estimates a 6.6% gain in 2018 manufacturing revenue, ahead of December's 5.1% reading. Non-manufacturing revenues expected to rise 3.2% in 2018.