The next Non-Manufacturing ISM ® Report On Business ® featuring the October 2019 data will be released at 10:00 a.m. ET on Tuesday, November 5, 2019. *Unless the New York Stock Exchange is NMI® at 56.9% Business Activity Index at 61.2% New Orders Index at 58.6% Employment Index at 58.1% (Tempe, Arizona) - Economic activity in the non-manufacturing sector grew in May for the 112th consecutive month, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM® Report On Business®. The report The ISM Report On Business ® (ROB), popularly known as the ISM Report, is the collective name for two monthly reports, the Manufacturing ISM Report On Business ® and the Non-Manufacturing ISM Report On Business ®, published by Institute for Supply Management.The ROB is based on a national survey of purchasing managers tracking changes in the manufacturing and non-manufacturing sectors. The Institute for Supply Management (ISM) Non-Manufacturing Index (NMI) for the U.S. service sector came in at 56.9 for May, beating the consensus forecast. Advance Estimate for Q4 2019 GDP
Despite coronavirus issues, non-manufacturing is solid in February, says ISM The index ISM uses to measure non-manufacturing growth—known as the NMI—was 57.3 in February (a reading of 50 or higher indicates growth is occurring), which topped January's 55.5 by 1.8%.
Economic activity in the non-manufacturing sector grew in February for the 121st consecutive month, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM® Report The ISM Manufacturing PMI in the US edged down to 48.1 in November of 2019 from 48.3 in October, well below market expectations of 49.2. The reading pointed to the fourth straight month of declining manufacturing activity, amid a steeper drop in new orders and employment. Global trade remains the most significant cross-industry issue. The September ISM Non-manufacturing index was at 52.6%, down from 56.4% in August. The employment index decreased to 50.4%, from 53.1%. Note: Above 50 indicates expansion, below 50 contraction. From the Institute for Supply Management: September 2019 Non-Manufacturing ISM Report On Business® The Institute for Supply Management (ISM) reported today its Non-Manufacturing Report on Business that non-manufacturing activity grew to start 2019, albeit at a slightly slower level than it did to close 2018. 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.
September 5, 2019 • 630.517.7756 • www.ftportfolios.com August ISM Non-Manufacturing Index Brian S. Wesbury - Chief Economist Robert Stein, CFA - Dep. Chief Economist Strider Elass - Senior Economist • The ISM Non-Manufacturing index rose to 56.4 in August, beating the
(2011 - 2019) ISM non-manufacturing ISM manufacturing Source: Bloomberg The improvement of services ISM and expectations for de-escalation of US-China tensions in early October have contributed to the rise of the US 10-year yield at a two-week high (5/9: 1.59%), but this is just around the 21-day
The release of the Non-Manufacturing ISM® Report On Business® on Wednesday provided a perfect example — reflected in the divergent headlines and stories below — of how the PMI® and NMI® data can be interpreted one way by those with an instantaneous-reaction markets mindset, and those in supply management, who typically play a longer game.
September non-manufacturing comes up short to August while still growing The index ISM uses to measure non-manufacturing growth—known as the NMI—was 52.6 in September (a reading of 50 or higher indicates growth is occurring), which is a 3.8% decrease compared to August. Today the Institute for Supply Management (ISM) revealed the first-round results of a survey focused on coronavirus disease 2019 (Covid-19) business and supply chain impacts. Notably, nearly 75 percent of companies report supply chain disruptions in some capacity due to coronavirus-related NMI ® at 55.5%. Business Activity Index at 59.5% New Orders Index at 58.1% Employment Index at 53.7% (Tempe, Arizona) - Economic activity in the non-manufacturing sector grew in April for the 111th consecutive month, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM ® Report On Business ®. The institute for Supply Management said its non-manufacturing index clocked in at 57.6 last month. Economists polled by Refinitiv expected the ISM non-manufacturing index to slip to 59 in December. CHICAGO, Jan. 29, 2019 (GLOBE NEWSWIRE) -- The Institute for Supply Management ® (ISM ®), the first and leading not-for-profit professional supply management organization worldwide, has launched
The next Non-Manufacturing ISM ® Report On Business ® featuring the October 2019 data will be released at 10:00 a.m. ET on Tuesday, November 5, 2019. *Unless the New York Stock Exchange is
ISM Non-Manufacturing PMI. The ISM Non-Manufacturing Index released by the Institute for Supply Management (ISM) shows business conditions in the US non-manufacturing sector. It is worth noting that the non-manufacturing sector does not influence, either positively or negatively, the GDP as much as the ISM Manufacturing does. The sector showed its first contraction in a few years in August, ending a 35-month expansion period where the PMI averaged 56.5%, according to ISM. The manufacturing gauge had its lowest reading Non-manufacturing finishes 2020 with growth intact, reports ISM The index ISM uses to measure non-manufacturing growth—known as the NMI—was 55 in December (a reading of 50 or higher indicates growth is occurring), which topped November's reading by 1.1%. ISM reports non-manufacturing growth intact to finish 2020 The index ISM uses to measure non-manufacturing growth—known as the NMI—was 55 in December (a reading of 50 or higher indicates growth is occurring), which topped November's reading by 1.1%. The Institute of Supply Management (ISM) has now released the January Non-Manufacturing Purchasing Managers' Index (PMI), also known as the ISM Services PMI. The headline Composite Index is at 55.5 percent, up 0.6 from a revised 54.9 last month. Today's number came in above the Investing.com forecast of 55.0 percent. It is interesting to note that there is a current clear divergence between the SPX and the ISM Manufacturing Index, that started back in January 2019 when the Fed stopped raising rates. The SPX has shot higher, while the ISM has continued to drop crossing below 50 and therefore indicating a contraction.