Latest posts about Non-Manufacturing Index
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Non-manufacturing activity trends upward in August, 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.
Non-manufacturing growth is steady in July, even with some declines, says ISM
August 3, 2017
The index ISM uses to measure non-manufacturing growth—known as the NMI—declined 3.5% to 53.9 (a reading above 50 indicates growth) in July, coming off June’s 57.4, which is its highest level since February 2015. The NMI grew for the 91st consecutive month, and the June NMI is 2% below the 12-month average of 55.9.
June non-manufacturing output has another strong month, reports ISM
July 6, 2017
The index ISM uses to measure non-manufacturing growth—known as the NMI—rose 0.5% to 57.4 in June, which is its highest level since February 2015 and growing for the 90th consecutive month. June’s NMI is 1.4% above the 12-month average of 56.0.
May non-manufacturing activity remains on growth path, reports ISM
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 turns in strong performance 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 in February has a record month, reports ISM
March 3, 2017
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 57.6 (a reading of 50 or higher indicates growth) in February, which was up 1.1 percent over January and is the highest NMI going back to October 2015.
Despite slight decline, ISM non-manufacturing data gets off to strong start in January
February 3, 2017
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 56.5 in January (a reading of 50 or higher indicates growth), which was down 0.1 percent from December.
ISM semiannual report views 2017 as a growth year for manufacturing and non-manufacturing
December 8, 2016
Supported by decent growth trends in recent months, the December 2016 Semiannual Economic Forecast issued today by the Institute for Supply Management makes it clear that the future looks fairly bright for both the manufacturing and non-manufacturing sectors.
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.
Non-manufacturing in August reflects late summer slide, reports ISM
September 6, 2016
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 51.4 (a level of 50 or higher indicates growth) in August, which was down 4.1 percent from July.
ISM semiannual report calls for manufacturing and non-manufacturing growth over rest of 2016
May 19, 2016
Even though there are myriad indications that the economy has lost some of its footing in recent months, the May 2016 Semiannual Economic Forecast issued by the Institute for Supply Management indicates that prospects for growth remain fully intact.
Non-manufacturing growth is steady in February, says ISM
March 3, 2016
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 53.4 in February (a level of 50 or higher indicates growth), which was 0.1 percent off from January, with economic activity in the non-manufacturing sector growing for the 73rd consecutive month. The February PMI is 3.2 percent below the 12-month average of 56.6.
Despite decrease, non-manufacturing activity in January still showing growth
February 3, 2016
The index ISM uses to measure non-manufacturing growth—known as the NMI—came in at 53.5 in January (a level of 50 or higher indicates growth), which was 2.3 percent below December, while economic activity in the non-manufacturing sector continued to grow for the 72nd month in a row. The current PMI is 3.4 percent below the 12-month average of 56.9.
