Economic Activity in Services Sector Contracts for First Time in 30 Months

Economic activity in the services sector contracted in December after 30 consecutive months of growth, with the Services PMI registering 49.6%, according to the latest Services ISM Report on Business from the Institute for Supply Management.

January 9, 2023 Anthony Nieves | Institute for Supply Management Ian Koplin

ISM Releases August 2022 Report on Business

Economic activity in the manufacturing sector grew in August, with the overall economy achieving a 27th consecutive month of growth, say the nation’s supply executives in the latest manufacturing ISM report on business.

September 6, 2022 Institute for Supply Management | Timothy R. Fiore Ian Koplin

Economic Activity in Hospital Subsector Grows in February Despite Drop in Some Metrics

According to the Institute for Supply Management, economic activity in the hospital subsector grew in February for the 21st consecutive month despite a 7.2% drop in the Hospital PMI, putting February’s reading at its lowest mark in more than a year.

March 14, 2022 Institute for Supply Management | Nancy LeMaster Ian Koplin

Citizens Business Conditions Index Dips Slightly but Remains in Expansionary Territory

Citizens reported that the Citizens Business Conditions Index fell slightly to a mark of 57.1 in Q3/21 from Q2/21’s reading of 57.4. Despite the decrease, Citizens said the third quarter’s reading reflects continued strength in the recovery since COVID-19 stunned the economy and markets in 2020.

October 29, 2021 Citizens | Citizens Business Conditions Index | Institute for Supply Management | Tony Bedikian Ian Koplin

ISM: Services Sector Growth Experiences ‘Slight Pull Back’ in October

Economic activity in the services sector grew in October for the fifth month in a row, according to the Services ISM Report On Business from the Institute for Supply Management.

November 5, 2020 Anthony Nieves | Institute for Supply Management Ellie Delany

ISM: 2020 Manufacturing Revenue to Fall 10.3%, Non-Manufacturing by 10.4%

The economic downturn in the U.S. will continue for the rest of 2020, according to the spring 2020 semiannual economic forecast from the Institute for Supply Management.

May 18, 2020 Anthony S. Nieves | Institute for Supply Management | manufacturing | Non-Manufacturing | Timothy R. Fiore Phil Neuffer

ISM Says Economic Growth Will Continue in 2016

Economic growth is expected to continue in the U.S. throughout the remainder of 2016, according to the results of the Spring 2016 Semiannual Economic Forecast from the Institute for Supply Management.

May 19, 2016 Anthony S. Nieves | Bradley J. Holcomb | Institute for Supply Management ABF Journal

ISM: Non-Manufacturing Sector Expands for 71st Consecutive Month

According to the latest report from ISM, economic activity in the non-manufacturing sector grew for the 71st consecutive month in December, despite a slight dip to 55.3% in the NMI.

January 8, 2016 Institute for Supply Management Marielle Mondon

ISM: Services Sector Activity Increases in January

The ISM’s Non-Manufacturing Index registered 1 percentage point higher in January than the seasonally adjusted reading from December. The majority of survey respondents feel positive about continued economic growth, ISM noted.

February 10, 2014 Institute for Supply Management ABF Journal

ISM: Services Sector Activity Slows in December

The Institute for Supply Management said its Non-Manufacturing Index registered 53% in December, 0.9 percentage point lower than November’s reading of 53.9%, indicating continued growth at a slightly slower rate.

January 9, 2014 Institute for Supply Management ABF Journal