Latest posts about NMI
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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.
November non-manufacturing data is strong, reports ISM
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.
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.
Non-manufacturing output declines in October but remains in growth mode, says ISM report
November 5, 2018
The index ISM uses to measure non-manufacturing growth—known as the NMI–dropped 1.3% to 60.3 (a reading above 50 indicates growth), while still growing for the 105th consecutive month. The October NMI is 1.8% above the 12-month average of 58.5.
August non-manufacturing activity is strong, reports ISM
September 6, 2018
The index ISM uses to measure non-manufacturing growth—known as the NMI–increased 2.8% to 58.5 (a reading above 50 indicates growth), nearly erasing a 3.4% decline from June to July’s 55.7. The August NMI is 0.2% above the 12-month average of 58.3. The PMI has now grown for 103 consecutive months.
ISM reports non-manufacturing remains on growth path in July
August 3, 2018
The index ISM uses to measure non-manufacturing growth—known as the NMI–fell 3.4% to 55.7 (a reading above 50 indicates growth) in July. The July NMI is 2.3% below the 12-month average of 58.0. The PMI has now grown for 102 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.
Non-manufacturing activity remains in growth mode in February, reports ISM
March 5, 2018
The index ISM uses to measure non-manufacturing growth—known as the NMI––dipped 0.4% to 59.5 in February (a reading above 50 indicates growth), which is slightly below January’s all-time high NMI reading.
Despite decline, non-manufacturing sector still on growth path, reports ISM
December 5, 2017
The index ISM uses to measure non-manufacturing growth—known as the NMI––fell 2.7% to 57.4 1 (a reading above 50 indicates growth) in November. This follows October’s 60.1, which is the highest reading since the report’s inception in 2008, as well as the highest reading compared to pre-2008 composite index calculations, with an August 2005 high of 61.3.
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.
Non-manufacturing output in September hits highest level since 2005, reports ISM
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