Latest posts about NMI
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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.
ISM reports a strong end to 2016 for non-manufacturing activity
January 5, 2017
The index ISM uses to measure non-manufacturing growth—known as the NMI—came in at 57.2 in December (a reading of 50 or higher indicates growth), matching November’s reading, while eclipsing the 12-month average of 55.0 and remaining at its highest level over the last 12 months, with the highest reading prior to that being October 2015’s 59.1.
November non-manufacturing activity turns in strong performance, reports ISM
December 5, 2016
The index ISM uses to measure non-manufacturing growth—known as the NMI—rose 2.4 percent to 57.2 in November, topping the 12-month average of 54.9 and the highest NMI reading in the last 12 months. This is the highest NMI going back to October 2015, when it was at 59.1.
Despite decline, ISM reports October non-manufacturing output is solid
November 3, 2016
The index ISM uses to measure non-manufacturing growth—known as the NMI—came in at 54.8 (a level of 50 or higher indicates growth), down 2.3 percent from September, with economic growth for the non-manufacturing sector now intact for 81 consecutive months. The October NMI is even with the 12-month average of 54.8.
Non-manufacturing activity shows strong September rebound, reports ISM
October 5, 2016
September showed strong gains for non-manufacturing activity, according to data issued by the Institute for Supply Management (ISM) in its Non-Manufacturing Report on Business. Like its sibling Manufacturing Report on Business.
ISM reports solid month for non-manufacturing in April
May 4, 2016
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.