ISM

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.

The report’s key metric, the PMI, headed up 3.1%, in January, to 50.9 (a reading of 50 or higher indicates growth), on the heels of a 47.8 reading in December.

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%.

Manufacturing output in December contracted for the fifth consecutive month to finish 2019 according to data issued by the Institute for Supply Management (ISM) in its Manufacturing Report on Business.

For manufacturing, ISM is estimating a 4.8% annual increase in 2020 revenue, which is up from the 1.9% increase that was pegged for 2019 over 2018. What’s more, 58.1% of manufacturing respondents expected 2020 revenues to be higher than 2019. And revenue growth in 2020 is expected to see annual gains in all 18 manufacturing industries ISM tracks.

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.

The report’s key metric, the PMI, slipped 0.2% to 48.1 in November (a reading of 50 or higher indicates growth), following readings of 49.1, 47.8, and 48.3, in August, September, and October, respectively.

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.

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.

The report’s key metric, the PMI, declined 1.3% to 47.8 (a reading of 50 or higher indicates growth), following a 2.1% decline from July to August.

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.

While recent months continued to show a pattern of a slowing down in manufacturing activity, even though the sector was still showing overall growth, data issued today by the Institute for Supply Management in its Manufacturing Report on Business (ISM) showed that manufacturing activity officially contracted in August, snapping a 35-month run of positive growth.

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.

The report’s key metric, the PMI, fell 0.5% to 51.2 (a reading of 50 or higher indicates growth), coming on the heels of 0.4%, 0.7%, and 2.7% declines in June, May, and April, respectively.

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.