ISM

Manufacturing output sees growth in November, reports ISM

Wednesday, December 1, 2021 · Jeff Berman In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, was 61.1 (a reading of 50 or higher indicates growth), up 0.3% compared to October’s 60.8 reading. This represented the 18th consecutive month of growth, at a faster rate,…

ISM reports October manufacturing output remains solid

Tuesday, November 2, 2021 · Jeff Berman In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, was 60.8 (a reading of 50 or higher indicates growth), off 0.3% from September’s 61.1 reading. This represented the 17th consecutive month of growth, at a faster rate, coupled…

September Services PMI reading points to growth, states ISM

Tuesday, October 5, 2021 · Jeff Berman The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—came in at 61.9 (a reading of 50 or higher indicates growth is occurring), up 0.2% compared to August and in close range to July’s all-time high reading, at 64.1. The…

September manufacturing output stays on a growth track, says ISM

Friday, October 1, 2021 · Jeff Berman In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, came in at 61.1 (a reading of 50 or higher indicates growth), increasing 1.2% from August’s 59.9 reading. This represented the 16th consecutive month of growth, at a faster…

Manufacturing output remains on strong footing in August, reports ISM

Wednesday, September 1, 2021 · Jeff Berman In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, came in at 59.9 (a reading of 50 or higher indicates growth), increasing 0.4% from July’s 59.5 reading.

July ISM Services PMI sets a new record

Wednesday, August 4, 2021 · Jeff Berman The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—set a new record, for the second time in the last three months in July, coming in at 64.1, a 4.0% gain over June’s 60.1, and growing, at a faster rate, for the 14th…

Manufacturing output trends down but remains at a high level in July, reports ISM

Monday, August 2, 2021 · Jeff Berman ISM said that the report’s key metric, the PMI, came in at 59.5 (a reading of 50 or higher indicates growth), falling 1.1% from June to July. This represented the 14th consecutive month of growth, at a slower rate, coupled with July also representing the 14th consecutive…

ISM Services PMI dips from May to June but remains strong

Tuesday, July 6, 2021 · Jeff Berman The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—at 60.1 (a reading of 50 or higher indicates growth is occurring)—slipped 3.9% from May’s 64 reading, with the index growing, at a slower rate, for the 13th consecutive…

May ISM Services PMI sets new record

Thursday, June 3, 2021 · Jeff Berman The Institute for Supply Management (ISM) said today in its Services ISM Report on Business that services sector economic growth saw another strong month in May, reaching its highest level on record. The reading for the report’s key indicator—the Services PMI (formerly the…

Manufacturing remains on a growth track in May, notes ISM

Wednesday, June 2, 2021 · Jeff Berman ISM said that the report’s key metric, the PMI, at 61.2 (a reading of 50 or higher indicates growth), saw a 0.5% increase, from April to May. This marked the twelfth consecutive month of PMI growth, coupled with May also representing the twelfth consecutive month of growth…

ISM Semiannual Economic Forecast is positive for the remainder of 2021

Friday, May 21, 2021 · Jeff Berman For manufacturing, ISM is estimating a 7.2% in 2021 revenue gain, topping the 6.9% projection made in its previous report, and services revenue is pegged to increase 5.4% in 2021, topping the previous estimate of 1.6%.

Despite small decline, Services economy remained strong in April, says ISM

Wednesday, May 5, 2021 · Jeff Berman The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—came in at 62.7 (a reading of 50 or higher indicates growth is occurring) in April. This marks a 1.0% decline from March’s 63.7, which was the highest reading since October…

ISM report highlights strong March manufacturing output

Thursday, April 1, 2021 · Jeff Berman In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, came in at 64.7 (a reading of 50 or higher indicates growth), which topped February’s 60.8 by 3.9%. This marked the tenth consecutive of PMI growth, coupled with March…

ISM reports another solid month for services economy in February

Wednesday, March 3, 2021 · Jeff Berman The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—came in at 55.5 (a reading of 50 or higher indicates growth is occurring) in February, which was off 3.4% compared to January’s 58.7 reading, which was the highest reading…

ISM reports strong manufacturing gains for February

Monday, March 1, 2021 · Jeff Berman In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, was 60.8 (a reading of 50 or higher indicates growth), which was 2.1% higher than January’s 58.7, and matched the 60.8 PMI recorded in February 2018, with the overall economy…