ISM

ISM reports economic services activity begin 2021 strongly

Wednesday, February 3, 2021 · Jeff Berman The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—came in at 58.7 (a reading of 50 or higher indicates growth is occurring)—marking a 1.0% gain over December.

Manufacturing growth is strong in January, reports ISM

Monday, February 1, 2021 · Jeff Berman In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, came in at 58.7 (a reading of 50 or higher indicates growth), which was 1.8% below December’s 60.5, with both the PMI and the overall economy each growing, at a slower rate,…

Manufacturing and services sectors poised for growth in 2021, says ISM report

Thursday, January 21, 2021 · Jeff Berman Coming off of 2020, which saw myriad ebbs and flows related to the ongoing COVID-19 pandemic, 2021 is expected to point in the direction of economic improvement, for both the manufacturing and services sectors, according to the new edition of the Institute for Supply…

Services sector growth remained intact in December, says ISM

Thursday, January 7, 2021 · Jeff Berman The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—came in at 57.2 (a reading of 50 or higher indicates growth is occurring) was up 1.3% compared to November.

ISM data points to more growth for services-based economy in November

Thursday, December 3, 2020 · Jeff Berman The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—was 55.9 (a reading of 50 or higher indicates growth is occurring), which was essentially flat with October’s 56.6, a 0.7% difference.

Manufacturing growth stays intact in November, reports ISM

Tuesday, December 1, 2020 · Jeff Berman In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, came in at 57.5 (a reading of 50 or higher indicates growth), which was 1.8% below October’s 59.3, while the overall economy expanded for the seventh consecutive month.

ISM reports October manufacturing output hits highest level in more than a year

Monday, November 2, 2020 · Jeff Berman In its monthly Manufacturing Report on Business, ISM said that the report’s key metrics, the PMI, hit 59.3 (a reading of 50 or higher indicates growth), which topped September’s 55.4 by 3.9%, while growing at a faster rate for the fifth consecutive month, while the overall…

ISM September Services PMI remains on growth track

Monday, October 5, 2020 · Jeff Berman The report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—inched up 0.9%, to 57.8 (a reading of 50 or higher indicates growth is occurring), in September. This followed a 1.2% August decline and a 1% gain in July.

August manufacturing output is strong, reports ISM

Thursday, October 1, 2020 · Jeff Berman In its monthly Manufacturing Report on Business, ISM reported that the report’s key metric, the PMI, came in at 55.4 (a reading of 50 or higher indicates growth), which was nearly even with August’s 56.0 reading. And it added that the overall economy was up for the 131st…

ISM report shows solid manufacturing growth in August

Tuesday, September 1, 2020 · Jeff Berman ISM reported that the report’s key metric, the PMI, was 56 (a reading of 50 or higher indicates growth), which topped July’s reading by 1.8%.

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.

ISM points to June manufacturing gains, but concerns linger

Wednesday, July 1, 2020 · Jeff Berman In its monthly Manufacturing Report on Business, ISM reported that the report’s key metric, the PMI, came in at 52.6 (a reading of 50 or higher indicates growth), which marked a 9.5% improvement over May’s 43.1 and a 12.7% gain over April’s 39.9 reading.

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 semiannual report shows effects of COVID-19 on manufacturing and non-manufacturing sectors

Friday, May 15, 2020 · Jeff Berman While its predecessor report, which was released in December, issued a positive 2020 growth outlook for the manufacturing and non-manufacturing sectors, the new edition of the Institute for Supply Management's (ISM) Semiannual Economic Forecast, which was issued today,…

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…