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…
Thursday, December 6, 2018 · Jeff Berman
The index ISM uses to measure non-manufacturing growth—known as the NMI–rose 0.4% to 60.7 (a reading above 50 indicates growth), following a 1.3% decline in October (coming off of September's all-time high of 61.6), and grew for the 106th consecutive month. The…
Tuesday, December 8, 2015 · Jeff Berman
The December 2015 Semiannual Economic Forecast issued by the Institute for Supply Management presented an optimistic outlook for the the manufacturing and non-manufacturing sectors in 2016.