ISM non-manufacturing data dips down in September but still in good shape

Following two strong months of non-manufacturing activity in July and August, September dipped down a bit but remained in a good place, according to the Institute for Supply Management’s (ISM) Non-Manufacturing Report on Business.

By ·

Following two strong months of non-manufacturing activity in July and August, September dipped down a bit but remained in a good place, according to the Institute for Supply Management’s (ISM) Non-Manufacturing Report on Business.

The ISM’s index to measure growth—the NMI—fell 4.2 percent from August’s 58.6, which stands as its highest recorded level ever since its January 2008 introduction. A reading above 50 represents growth. ISM said that economic activity in the non-manufacturing sector grew in September for the 45th consecutive month.

Each of the other key metrics in the report also decreased in September, with Business Activity/Production down 7.1 percent to 55.1, and New Orders off by only 0.9 percent to 59.6. Employment fell 4.3 percent to 52.7.

To read the complete article, please click here.


Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

ISM · NMI · All Topics
Latest Whitepaper
Refining TMS Integration Outside the Four Walls of the Warehouse
How shippers can use a modern transportation management system (TMS) to successfully integrate across the supply chain ecosystem and create a truly digital network.
Download Today!
From the October 2017 Logistics Management Magazine Issue
A leading distributor of professional salon products in the U.S. forms unique partnerships with its key LTLs to lower transport costs, reduce its carbon footprint and improve service to its 565 store locations.
Q4 2017 Rail/Intermodal Roundtable: Improvements apparent; work remains
LM Viewpoint: Collaboration, Now more than ever
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
EDITORS' PICKS
SalonCentric: One Beautiful Network
A leading distributor of professional salon products in the U.S. forms unique partnerships with its...
26th Annual Study of Logistics and Transportation Trends: Transportation at Digital Speed
While a majority of companies strongly agree that transportation is a strategically important...

34th Annual Quest for Quality Awards: Winners Revealed
Which carriers, third-party logistics providers, and North American ports have crossed the service...
2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...