Latest posts about Non-Manufacturing Index
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ISM reports strong non-manufacturing growth in February
March 5, 2019
The index ISM uses to measure non-manufacturing growth—known as the NMI–rose 3.0% to 59.7 in February (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.
January non-manufacturing output sees mild dip but remains on right side of growth, says ISM
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.
December non-manufacturing output drops 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.
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.
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 index ISM uses to measure non-manufacturing growth—known as the NMI–headed up 1.8% to 58.6 (a reading above 50 indicates growth) in May. The May NMI is 0.9% ahead of the 12-month average of 58.6.
ISM’s ‘special questions’ give manufacturing and non-manufacturing execs things to ponder
May 23, 2018
In its semiannual forecasts, the Institute for Supply Management (ISM) always does an excellent job of laying out its estimates in terms of what to expect for things like capital expenditures, production, prices, and utilization rates, among other metrics for the manufacturing and non-manufacturing sectors. One component of the report, which does not always get a ton of attention, are the “special questions” included at the end, which are always interesting and relevant while helping to provide some perspective, too....
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.
March non-manufacturing activity remains on solid footing, reports ISM
April 4, 2018
The index ISM uses to measure non-manufacturing growth—known as the NMI––fell 0.7% to 58.8 in March (a reading above 50 indicates growth), which is slightly below February’s 59.5 and also below January’s all-time high NMI reading of 59.9.
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.
Non-manufacturing gets off to a strong start in 2018, reports ISM
February 5, 2018
The index ISM uses to measure non-manufacturing growth—known as the NMI––headed up 3.9% to 59.9 (a reading above 50 indicates growth) in January to a new all-time high. This reading indicates non-manufacturing growth has now been intact for 96 consecutive months, with the overall economy growing for the 101st consecutive month
Non-manufacturing sees sequential decline but finishes 2017 with growth, reports ISM
January 5, 2018
The index ISM uses to measure non-manufacturing growth—known as the PMI––dropped 1.5% to 55.9 (a reading above 50 indicates growth) in December. Both November and December were down compared to 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 October is best month for non-manufacturing in more than seven years
November 3, 2017
The index ISM uses to measure non-manufacturing growth—known as the NMI—eked out a 0.3% increase to 60.1 (a reading above 50 indicates growth). While the increase was slight, this reading marks the highest reading the NMI has hit 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.
