Latest posts about NMI
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Non-manufacturing output in May remains solid, reports ISM
June 5, 2019
The index ISM uses to measure non-manufacturing growth—known as the NMI—was up 1.4% to 56.9 (a reading of 50 or higher indicates growth is occurring).
Non-manufacturing shows strong growth in February, reports ISM
March 5, 2019
The index ISM uses to measure non-manufacturing growth—known as the NMI–rose 3.0% to 59.7 (a reading of 50 or higher indicates growth is occurring), following a 1.3% decline to 56.7 from December to January. This reading represents the 109th consecutive month of NMI growth, with February’s NMI up 1.0% compared to the 12-month average of 58.7.
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.
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 manufacturing data trends up after two months of declines
December 3, 2018
The report’s key metric, the PMI, rose 1.6% to 59.3 (a reading of 50 or higher indicates growth) while the index has grown for 27 consecutive months, with the overall economy now having grown for 115 consecutive months.
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 reports slight decline in April non-manufacturing output, while growth remains intact
May 3, 2018
The index ISM uses to measure non-manufacturing growth—known as the NMI–dropped 2.0% to 56.8 (a reading above 50 indicates growth) in April. The April NMI is 0.08% below the 12-month average of 56.8.
ISM reports March non-manufacturing activity remains on solid footing
April 4, 2018
NMI index fell 0.7% to 58.8 in March, slightly below February’s 59.5 following January’s all-time high of 59.9.
Non-manufacturing activity remains in growth mode in February, reports ISM
March 5, 2018
NMI index dipped 0.4% to 59.5 in February, slightly below January’s all-time high NMI reading.
ISM reports September non-manufacturing output is at highest level since 2005
October 4, 2017
The index ISM uses to measure non-manufacturing growth—known as the NMI—rose 4.5% to 59.8 (a reading above 50 indicates growth), following August’s 1.4% gain over July for its highest reading going back to August 2005’s 61.3. The PMI has now grown for 93 consecutive months and is 3.3% higher than the 12-month average of 56.5.
August non-manufacturing activity heads up, reports ISM
September 6, 2017
Coming off a decline from June to July, some ground was made up in August, according to the most recent edition of the Institute for Supply Management’s (ISM) Non-Manufacturing Report on Business
ISM reports another solid month for non-manufacturing in April
June 5, 2017
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 56.9 in May, down 0.6% from April’s 57.5, which was its highest level since February 2015, while still growing for the 89th consecutive month. The May NMI is 1% higher than the 12-month average of 55.9.
Non-manufacturing trends up in April, reports ISM
May 3, 2017
The index ISM uses to measure non-manufacturing growth—known as the NMI—came in at 57.5, which topped March’s 55.2 while growing for the 88th consecutive month. And the NMI is 1.9 percent above the 12-month average of 55.6 and at its highest level going back to February 2015.
Non-manufacturing activity drops off in March, with growth remaining positive
April 5, 2017
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 55.2 (a reading of 50 or higher indicates growth) in March, down 2.4 percent from February’s 57.6, the highest NMI going back to October 2015.