The Institute for Supply Management’s non-manufacturing composite index decreased by 0.6 of a point month on month, (m/m) to 55.5 in April. The indexes remain strong in 2019, up 1.3% 12MMA y/y. The ISM nonmanufacturing survey measures the rate and direction of change in activity in nonmanufacturing industries. Surveys are sent to more than 370 [...]
The Institute of Supply Management’s Index moved down 2.5 points on month, (m/m) to 52.8 for April 2019. This value is an encouraging sign for the manufacturing sector. The index has been greater than 50, (>50 = expansion) for thirty-two consecutive months. The new orders sub-index scored a 51.7. Overall, the ISM manufacturing index is strong [...]
Manufacturing capacity utilization (MCU), scored a 75.4% in February, a relatively flat % change month on month, (m/m). On a year on year (y/y) comparison the MCU was down 0.45%. Manufacturing fundamentals continue to improve. Both the U.S. and global economy are strengthening and at the same time, the dollar has depreciated against the Broad [...]
The February Industrial production landed at 109.7, which was relatively flat MoM at 0.1%. This is encouraging after the change in January, which was downwards of 0.4%. These latest numbers released by the Federal Reserve continue to support the moderate growth within the U.S. economy. Industrial production is a pure measure of output, untainted by [...]
The Institute for Supply Management’s non-manufacturing composite index decreased by 1.3 of a point month on month, (m/m) to a strong 59.7 in February. The indexes remain strong in 2019, up 2.3% 3MMA y/y. The advance in the index points to continued growth in the nonmanufacturing segment as the fundamentals remain strong for the sector. [...]
The Institute of Supply Management’s Index moved up 1.6 points month on month, (m/m) to 54.2 for February 2019. This continues the trend of the index being greater than 50, (>50 = expansion), now for 30 consecutive months. The new orders sub-index scored a 55.2. Overall, the manufacturing activity expanded at a slower rate than expected [...]
ISM Non-Manufacturing Index: The Institute for Supply Management’s non-manufacturing composite index decreased by 1.3 of a point month on month, (m/m) to a strong 56.7 in January. The indexes remain strong in 2019, up 1.3% 3MMA y/y. The advance in the index points to continued growth in the nonmanufacturing segment as the fundamentals remain strong for [...]
The Institute of Supply Management’s Index moved up 2.3 points on month, (m/m) to 56.6 for January 2019. This value is an encouraging sign for the manufacturing sector. The index has been greater than 50, (>50 = expansion) for twenty-nine consecutive months. The new orders sub-index scored a 58.2. Overall, the ISM manufacturing index is strong [...]
The Institute for Supply Management’s non-manufacturing composite index increased by 0.4 of a point month on month, (m/m) to a strong 60.7 in December. The indexes remain strong in 2018, up 3.0% 3MMA y/y. The advance in the index points to continued growth in the nonmanufacturing segment as the fundamentals remain strong for the sector. [...]
The Institute of Supply Management’s Index moved up 1.6 points month on month, (m/m) to 59.3 for December 2018. This continues the trend of the index being greater than 50, (>50 = expansion), now for 27 consecutive months. The new orders sub-index scored a 62.1. Overall, the ISM manufacturing index is strong and fundamentals remain favorable [...]
