Latest from Jeff
Tuesday, September 2, 2025 · Jeff Berman
The August PMI was 0.1% below the 12-month average of 48.8, with January’s 50.9 and October’s 46.9 marking the respective high and low readings for that period.
Wednesday, July 16, 2025 · Jeff Berman
With more countries facing tariffs, and less than three weeks before they take effect, shippers are left scrambling.
Thursday, July 3, 2025 · Jeff Berman
The June Services PMI, at 50.8 (a reading of 50 or higher signals growth), increased 0.9% over May’s 49.9 reading.
Tuesday, July 1, 2025 · Jeff Berman
The report’s benchmark reading, the PMI, came in at 49.0 (a reading of 50 or higher indicates growth), up 0.5% from May’s 48.5 reading, which was off 0.2% from April’s 48.7 reading. The last four months of declines were preceded by gains, with January and February…
Monday, June 23, 2025 · Jeff Berman
Frederick W. Smith, founder and executive chairman of Memphis-based global freight transportation and logistics services provider FedEx, passed away on Saturday, June 21. Smith was 80.
Wednesday, June 4, 2025 · Jeff Berman
The May Services PMI, at 49.9 (a reading of 50 or higher signals growth), fell 1.7% from April’s 51.6 reading. Prior to May, the Services PMI had seen growth in 56 of the previous 59 months, going back to the initial recovery from the pandemic in June 2020.
Monday, June 2, 2025 · Jeff Berman
The report’s benchmark reading, the PMI, came in at 48.5 (a reading of 50 or higher indicates growth), down 0.2% from April’s 48.7 reading. The last three months of declines were preceded by gains, with January and February readings at 50.9 and 50.3, respectively, and were…
Tuesday, May 6, 2025 · Jeff Berman
The April Services PMI, at 51.6 (a reading of 50 or higher signals growth) increased 0.8% over March, growing, at a faster rate, for the 10th consecutive month.
Friday, May 2, 2025 · Jeff Berman
The report’s benchmark reading, the PMI, came in at 48.7 (a reading of 50 or higher indicates growth), down 0.3% from March’s 49.0 reading. The last two months of declines were preceded by gains, with January and February readings at 50.9 and 50.3, respectively.
Thursday, April 3, 2025 · Jeff Berman
The March Services PMI, at 50.8 (a reading of 50 or higher signals growth) fell 2.7% compared to February, growing, at a slower rate, for the ninth consecutive month, and for the 55th time in the last 58 months, going back to the initial recovery from the pandemic in June 2020.
