Institute For Supply Management

ISM reports Services economy turns in solid December performance to end 2024, notes ISM

Wednesday, January 8, 2025 · Jeff Berman The December Services PMI, at 54.1 (a reading of 50 or higher signals growth) rose 2.0% over November’s 52.1 reading, growing, at a faster rate, for the sixth consecutive month, and for the 52nd time in the last 55 months, going back to the initial recovery from the…

Manufacturing contracts in December, but prospects are positive for 2025, reports ISM

Friday, January 3, 2025 · Jeff Berman The report’s benchmark reading, the PMI, at 49.3 (a reading of 50 or higher indicates growth), rose 0.9% over November, with the PMI contracting for the ninth consecutive month and the 25th time in the last 26 months.

Services economy sees gains for fifth straight month in November, reports ISM

Wednesday, December 4, 2024 · Jeff Berman The November Services PMI, at 52.1 (a reading of 50 or higher signals growth), was down 3.9% compared to October, growing, at a slower rate, for the fifth consecutive month.

Services sector sees growth in October, reports ISM

Tuesday, November 5, 2024 · Jeff Berman The October Services PMI, at 57.2 (a reading of 50 or higher signals growth), was up 1.1% over September, growing, at a faster rate, for the fourth consecutive month.

ISM reports Services economy heads up in August for third consecutive month in September

Thursday, October 3, 2024 · Jeff Berman The September Services PMI, at 54.9 (a reading of 50 or higher signals growth), rose 3.4% from August.

Supply chain salaries, job satisfaction on the rise

Wednesday, April 10, 2024 · Bridget McCrea This year, 25% of supply chain professionals will earn between $150,000 and $249,999 annually, while 18% will earn $120,000 and $149,999.

ISM reports that services sector sees continued growth in March

Wednesday, April 3, 2024 · Jeff Berman The Services PMI, at 51.5 (a reading of 50 or higher signals growth), fell 1.2% in March, while growing, at a slower rate, for the 15th consecutive month.

ISM reports manufacturing sees growth in March, snaps 16-month stretch of contraction

Tuesday, April 2, 2024 · Jeff Berman The report’s benchmark metric, the PMI came in at 50.3 (a reading of 50 or higher indicates growth), topping March’s 47.8, and contracting after 16 months of declines. ISM added that the overall economy grew, at a faster rate, in March, for the 47th consecutive month. The…

ISM reports another month of services sector growth in February

Tuesday, March 5, 2024 · Jeff Berman The Services PMI, at 52.6 (a reading of 50 or higher signals growth), fell 0.8% in February, while growing, at a slower rate, for the 14th consecutive month. This marks growth in 44 of the last 45 months, with December 2022 being the one month with a decline over that period.

Service Sector PMI Records Highest Reading In 12 Months

Wednesday, December 6, 2023 · Jeff Berman November services economy activity remained in growth mode, according to the new edition of the ISM Report on Business, which was issued Tuesday by the Institute for Supply Management (ISM).

Services economy continues showing strength, says ISM

Friday, July 7, 2023 · Jeff Berman The Services PMI, at 53.9, increased 3.6% and continues growing at a faster rate for the sixth consecutive month, ISM said.

Another month, another decline for manufacturing output

Wednesday, July 5, 2023 · Jeff Berman After a run of positive growth extending more than two years, the manufacturing sector is on an extended downturn, with output falling for the 8th consecutive month in May.

May services economy activity remains on growth track, reports ISM

Monday, June 5, 2023 · Jeff Berman The Services PMI—at 50.3 (a reading of 50 or higher signals growth)—fell 1.6% off of May’s 51.9 reading, growing, at a slower rate, for the fifth consecutive month. ISM said that the services sector has seen growth in 35 of the last 36 months, with December 2022 being…

Manufacturing output declines again in May, reports ISM

Thursday, June 1, 2023 · Jeff Berman The report’s key metric, the PMI, registered a 46.9 reading (a reading of 50 or higher indicates growth), falling 0.2% off of April’s 47.1 reading.

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…