Non-Manufacturing

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 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,…

Non-manufacturing is solid in February, despite coronavirus issues, reports ISM

Wednesday, March 4, 2020 · Jeff Berman The index ISM uses to measure non-manufacturing growth—known as the NMI—was 57.3 in February (a reading of 50 or higher indicates growth is occurring), which topped January's 55.5 by 1.8%. The NMI headed up for the 121st consecutive month, and the February NMI is 4%…

Non-manufacturing output shows growth in January

Wednesday, February 5, 2020 · Jeff Berman Non-manufacturing output in January kicked off 2020 where 2019 left off, showing positive growth, according to the most recent edition of the Non-Manufacturing Report on Business, which was issued today by the Institute for Supply Management (ISM).

ISM report calls for 2020 manufacturing and non-manufacturing growth

Monday, December 9, 2019 · Jeff Berman For manufacturing, ISM is estimating a 4.8% annual increase in 2020 revenue, which is up from the 1.9% increase that was pegged for 2019 over 2018. What's more, 58.1% of manufacturing respondents expected 2020 revenues to be higher than 2019. And revenue growth in 2020 is…

November non-manufacturing remains steady, reports ISM

Wednesday, December 4, 2019 · Jeff Berman The index ISM uses to measure non-manufacturing growth—known as the NMI—was 53.9 in November (a reading of 50 or higher indicates growth is occurring), which was 0.8% below October's 54.7. The NMI headed up for the 118th consecutive month, and the November NMI is 1.9%…

ISM reports non-manufacturing turns in a solid October performance

Tuesday, November 5, 2019 · Jeff Berman The index ISM uses to measure non-manufacturing growth—known as the NMI—was 54.7 in October (a reading of 50 or higher indicates growth is occurring), which marked a 2.1% gain over September. The NMI headed up for the 117th consecutive month, and the October NMI is 1.6%…

Non-manufacturing remains on growth path in September, reports ISM

Thursday, October 3, 2019 · Jeff Berman The index ISM uses to measure non-manufacturing growth—known as the NMI—was 52.6 in September (a reading of 50 or higher indicates growth is occurring), which is a 3.8% decrease compared to August.

ISM reports non-manufacturing slips in July but still growing

Monday, August 5, 2019 · Jeff Berman The index ISM uses to measure non-manufacturing growth—known as the NMI—fell 1.4% to 53.7 (a reading of 50 or higher indicates growth is occurring) in July. This reading represents the 114th consecutive month of NMI growth, with July's NMI down 3.9% compared to the…

ISM reports continued growth for non-manufacturing

Wednesday, July 3, 2019 · Jeff Berman The index ISM uses to measure non-manufacturing growth—known as the NMI—slipped 1.8% to 55.1 (a reading of 50 or higher indicates growth is occurring). This reading represents the 113th consecutive month of NMI growth, with June's NMI down 2.8% compared to the…

Non-manufacturing output sees mild slide in March but is still showing growth

Wednesday, April 3, 2019 · Jeff Berman The index ISM uses to measure non-manufacturing growth—known as the NMI– fell 3.6% to 56.1 (a reading of 50 or higher indicates growth is occurring) in March, following a 3% gain from January to February.

Non-manufacturing output sees mild dip in January but remains on right side of growth, says ISM

Tuesday, February 5, 2019 · Jeff Berman The index ISM uses to measure non-manufacturing growth—known as the NMI–dropped 1.3% to 56.7 in January compared to December's 58. This marks the 108th consecutive month of growth for the NMI, with the January NMI off 2% compared to the 12-month average of 58.7.

2018 non-manufacturing ouputt grows despite November to December decline

Monday, January 7, 2019 · Jeff Berman Non-manufacturing activity in December finished 2018 with a decrease compared to November, while still maintaining a prolonged stretch of growth, according to the Non-Manufacturing Report on Business, which was issued by the Institute for Supply Management (ISM) today.

ISM reports non-manufacturing remains on growth path in July

Friday, August 3, 2018 · Jeff Berman The index ISM uses to measure non-manufacturing growth—known as the NMI–fell 3.4% to 55.7 (a reading above 50 indicates growth) in July. The July NMI is 2.3% below the 12-month average of 58.0. The PMI has now grown for 102 consecutive months.

ISM Semiannual Economic Forecast looks at 2018 as a growth year

Monday, May 7, 2018 · Jeff Berman For manufacturing, ISM is estimating a 6.6% gain in 2018 revenue, which is ahead of the 5.1% reading in the December Semiannual report. On the non-manufacturing side, the report expects revenues to rise 3.2% in 2018.