Filed in Institute For Supply Management
Thursday, March 03, 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.
Tuesday, March 01, 2016
In its Manufacturing Report on Business, ISM said that the PMI, its index to measure growth, was 49.5 in February (a reading of 50 or higher indicates growth), topping January by 1.3 percent and sub-50 for the fifth month in a row.
Monday, January 11, 2016
Over the next five to ten years, a record number of people will leave the workforce—and taking with them years of wisdom and experience that is not easily replaced. If you’re not worried about the impact of that much talent walking out the door, you should be.
As more of corporate outside spend is wrapped up in the supply chain, organizations are demanding proficiency in a broader range of business skills from their purchasing staff at every level.
Wednesday, December 09, 2015
The December 2015 Semiannual Economic Forecast issued yesterday by the Institute for Supply Management (ISM) took on two items that have been prevalent in addressing current trends in the form of: sharply lower oil prices the strength of the U.S. dollar.
Monday, August 03, 2015
The PMI, the ISM’s index to measure growth fell 0.8 percent to 52.7 (a PMI of 50 or greater represents growth). PMI growth has been at 50 or higher for 31 straight months (with the overall economy growing for 74 months), and the current PMI is 1.7 percent below the 12-month average of 54.4.
Tuesday, July 14, 2015
Metrics aren’t just a measurement tool. The right metrics enable supply management professionals to drive positive changes in their company that can also create alignment between competing objectives.
Monday, June 01, 2015
The PMI, the ISM’s index to measure growth was up 1.3 percent compared to April at 52.8 (a PMI of 50 or greater represents growth), showing growth for the second straight month after five months of sequential declines, which had been in effect since October 2014. The current PMI is 2.1 percent below its 12-month average of 54.9.
Wednesday, May 06, 2015
Growth firmly remains in the cards for both the manufacturing and non-manufacturing sectors in 2015
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ThomasNet and ISM acknowledge the industry's best and brightest for the second year.