ISM

The index ISM uses to measure non-manufacturing growth—known as the NMI—was 55.7 in April (a level of 50 or higher indicates growth), which was up 1.2 percent compared to March, with economic activity in the non-manufacturing sector growing for the 75th consecutive month. The April PMI is 0.5 percent above the 12-month average of 56.2.

Manufacturing activity in April remained on the right side of growth for the second straight month, following six months of contraction, according to the April edition of the Manufacturing Report on Business from the Institute for Supply Management (ISM).

Index 0.1 percent off from January, with economic activity in the non-manufacturing sector growing for the 73rd consecutive month.

In its Manufacturing Report on Business, ISM said that the PMI, its index to measure growth, was 49.5 in February (a reading of 50 or higher indicates growth), topping January by 1.3 percent and sub-50 for the fifth month in a row.

ISM index 2.3% below December, while economic activity in the non-manufacturing sector continued to grow for the 72nd month in a row.

The Institute for Supply Management (ISM) reported today that manufacturing activity again contracted for the fourth straight month.

The index ISM uses to measure non-manufacturing growth—known as the NMI—was 55.3 in December (a level of 50 or higher indicates growth), was dropped 0.6 percent from November.

The PMI, the ISM’s index to measure growth, came in at 48.2 (50 or higher indicates growth) in December, which dropped 0.4 percent compared to November’s 48.6.

Despite what can be viewed as continually fluctuating economic conditions, the December 2015 Semiannual Economic Forecast presented an optimistic outlook for the the manufacturing and non-manufacturing sectors in 2016.

The index ISM uses to measure non-manufacturing growth—known as the NMI—came in at 55.9 in November (a level of 50 or higher indicates growth), which was down 3.2 percent compared to October. The PMI is 1.4 percent below the 12-month average of 57.3.

While staving off contraction in the previous four months, manufacturing in November did not grow, according to the most recent edition of the Institute for Supply Management’s (ISM) Manufacturing Report on Business.

The index ISM uses to measure non-manufacturing growth—known as the NMI—was 59.1 in October (a level of 50 or higher indicates growth), up 2.2 percent over September’s 56.9 and down 1.2 percent compared to July’s 60.3, which is its highest reading since January 2008.

The index ISM uses to measure non-manufacturing growth—known as the NMI—came in at 56.9 in September (a level of 50 or higher indicates growth), a 2.1 percent decrease from August’s 59.0, and 3.4 percent off from July’s 60.3, which is its highest reading since January 2008.

Report’s four key metrics all down for the second consecutive month.

While core metrics were down from a very impressive July, the August edition of the Non-Manufacturing Report on Business from the Institute of Supply Management (ISM) was still very strong.