ISM Semiannual Report

ISM Semiannual report calls for lower growth in manufacturing and services sectors in 2023

Tuesday, May 9, 2023 · Jeff Berman
While growth is expected to remain in the cards, for the manufacturing and services sectors, over the balance of 2023, it is no longer set to expand at the same rates as were previously indicated, according to the “Spring 2023 Semiannual Economic Forecast,” which was…

ISM December report optimistic about 2023 growth prospects

Monday, December 19, 2022 · Jeff Berman
For manufacturing, ISM is estimating a 5.5% revenue gain in 2023, falling short of its 6.5% estimate from its predecessor report in May and its 9.2% 2022 growth rate. ISM member panelists are calling for 2023 services-based economy revenues to see a 3.1% gain in 2023, topping…

ISM Spring Semiannual Report points to continued growth for 2022

Wednesday, May 25, 2022 · Jeff Berman
For manufacturing, ISM is estimating a 9.2% revenue gain, topping the 2022 estimate, from the December report, at 6.5%. ISM member panelists are calling for 2022 revenues to rise 4.9%, ahead of December’s 4.3% 2022 projection, and in line with 2021’s 4.8% increase.

ISM report issues positive 2022 outlook for manufacturing and services sectors

Tuesday, December 14, 2021 · Jeff Berman
For manufacturing, ISM is estimating a 6.5% 2022 revenue gain, trailing the 7.2% estimate, for 2021, made in its previous report in May 2021. And on the services side, the report said that its panelists are calling for 2022 revenues to see a 4.3% annual gain, in line with…
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