NMI

Non-manufacturing is up in June but COVID-19-related concerns remain

Tuesday, July 7, 2020 · Jeff Berman The report’s key indicator—the NMI—saw an 11.7% increase to 57.1 (a reading of 50 or higher indicates growth is occurring), halting a two-month stretch of declines, which was preceded by 122 consecutive months of expansion.

Non-manufacturing is up but recent events cloud outlook

Wednesday, June 3, 2020 · Jeff Berman In an interview, Tony Nieves, chair of the ISM’s Non-Manufacturing Business Survey Committee, said that prior to the recent civil unrest and events of the past week, related to the death of George Floyd in Minneapolis, non-manufacturing seemed like it may have been on a path…

ISM reports non-manufacturing tumbles in April, due to COVID-19

Wednesday, May 6, 2020 · Jeff Berman The report's key indicator, the NMI, fell 10.7% to 41.8 (a reading of 50 or higher indicates growth is occurring), coming off of March's 52.5 reading, which stands as the highest reading in the last year. It is the lowest reading since the 40.1 recorded in March 2009…

Non-manufacturing output shows growth in January

Wednesday, February 5, 2020 · Jeff Berman Non-manufacturing output in January kicked off 2020 where 2019 left off, showing positive growth, according to the most recent edition of the Non-Manufacturing Report on Business, which was issued today by the Institute for Supply Management (ISM).

November non-manufacturing remains steady, reports ISM

Wednesday, December 4, 2019 · Jeff Berman The index ISM uses to measure non-manufacturing growth—known as the NMI—was 53.9 in November (a reading of 50 or higher indicates growth is occurring), which was 0.8% below October's 54.7. The NMI headed up for the 118th consecutive month, and the November NMI is 1.9%…

ISM reports non-manufacturing slips in July but still growing

Monday, August 5, 2019 · Jeff Berman The index ISM uses to measure non-manufacturing growth—known as the NMI—fell 1.4% to 53.7 (a reading of 50 or higher indicates growth is occurring) in July. This reading represents the 114th consecutive month of NMI growth, with July's NMI down 3.9% compared to the…

ISM reports continued growth for non-manufacturing

Wednesday, July 3, 2019 · Jeff Berman The index ISM uses to measure non-manufacturing growth—known as the NMI—slipped 1.8% to 55.1 (a reading of 50 or higher indicates growth is occurring). This reading represents the 113th consecutive month of NMI growth, with June's NMI down 2.8% compared to the…

Non-manufacturing output in May remains solid, reports ISM

Wednesday, June 5, 2019 · Jeff Berman The index ISM uses to measure non-manufacturing growth—known as the NMI—was up 1.4% to 56.9 (a reading of 50 or higher indicates growth is occurring).

ISM reports solid non-manufacturing output for February

Tuesday, March 5, 2019 · Jeff Berman The index ISM uses to measure non-manufacturing growth—known as the NMI–rose 3.0% to 59.7 (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…

Non-manufacturing output sees mild dip in January but remains on right side of growth, says ISM

Tuesday, February 5, 2019 · Jeff Berman 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. This marks the 108th consecutive month of growth for the NMI, with the January NMI off 2% compared to the 12-month average of 58.7.

2018 non-manufacturing ouputt grows despite November to December decline

Monday, January 7, 2019 · Jeff Berman 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.

ISM reports another strong manufacturing month in August

Tuesday, September 4, 2018 · Jeff Berman The report's key metric, the PMI, headed up 3.2% to 61.3 (a reading of 50 or higher indicates growth) and has now grown for 24 consecutive months, with the overall economy now having grown for 112 months. The August PMI marks its highest reading over the last 12 months…

ISM reports solid non-manufacturing growth in May

Tuesday, June 5, 2018 · Jeff Berman 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 reports that non-manufacturing growth is solid in February

Monday, March 5, 2018 · Jeff Berman 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.

ISM points to ongoing non-manufacturing growth in November

Tuesday, December 5, 2017 · Jeff Berman The index ISM uses to measure non-manufacturing growth—known as the NMI––fell 2.7% to 57.4 1 (a reading above 50 indicates growth) in November. This follows October's 60.1, which is the highest reading since the report's inception in 2008, as well as the…