Non-manufacturing

The index ISM uses to measure non-manufacturing growth—known as the NMI—was 55.3 in December (a level of 50 or higher indicates growth), was dropped 0.6 percent from November.

Despite what can be viewed as continually fluctuating economic conditions, the December 2015 Semiannual Economic Forecast presented an optimistic outlook for the the manufacturing and non-manufacturing sectors in 2016.

The index ISM uses to measure non-manufacturing growth—known as the NMI—was 59.1 in October (a level of 50 or higher indicates growth), up 2.2 percent over September’s 56.9 and down 1.2 percent compared to July’s 60.3, which is its highest reading since January 2008.

The index ISM uses to measure non-manufacturing growth—known as the NMI—was 56.0 in June, which edged out May by 0.3 percent.

Growth firmly remains in the cards for both the manufacturing and non-manufacturing sectors in 2015. That was the main takeaway from the December 2014 Semiannual Economic Forecast from the Institute for Supply Management (ISM), which, in many ways, picked up where its companion Spring 2014 report published last April left off.

The NMI, the ISM’s index to measure growth, increased 2.7 percent to 58.7, which is its highest level since its inception in January 2008.

As has been the case in its respective monthly manufacturing and non-manufacturing reports on business, continued growth remains in the cards for 2014, according to the December 2013 Semiannual Economic Forecast released this week by the Institute for Supply Management.

The ISM’s monthly Non-Manufacturing Report on Business said that the index used by the ISM to measure non-manufacturing growth—known as the NMI—was 53.7 in May, rising 0.6 percent from April.

In its spring 2013 Semiannual Economic Forecast, the Institute for Supply Management said its spring 2013 Semiannual Report is calling for economic growth for the rest of the year in the manufacturing and non-manufacturing sectors.

In its monthly Non-Manufacturing Report on Business, the ISM reported that the index it uses to measure non-manufacturing growth—known as the NMI—was 55.2 in January, down 0.5 percent from December and above the 12-month average of 54.5.

The index ISM uses to measure non-manufacturing growth—known as the NMI—was 54.2 in October, down 0.9 percent from September.

The positives that lifted the headline index were jumps in Business Activity and New Orders

Unlike its companion report, which focuses on manufacturing, the Institute for Supply Management’s (ISM) non-monthly Non-Manufacturing Report on Business showed growth was intact in August.

The index ISM uses to measure non-manufacturing growth—known as the NMI—was 52.6 in July, up 0.5 percent from June and down from May’s 53.7.

In its 2012 Semiannual Economic Forecast, which is based on feedback from U.S.-based purchasing and supply chain executives, manufacturing and non-manufacturing sectors are expected to leverage the solid levels for various metrics each has been seeing over the last several months.