ISM Reports Strong Start for Non-Manufacturing
The NMI, the ISM’s index to measure growth, headed up 1.0 percent to 54.0 in January.
Non-manufacturing activity headed in the right direction from December to January, according to the Non-Manufacturing ISM Report on Business released by the Institute of Supply Management (ISM) today.
The NMI, the ISM’s index to measure growth, headed up 1.0 percent to 54.0 in January. A reading above 50 represents growth. ISM said that economic activity in the non-manufacturing sector grew in January for the 48th consecutive month. The January PMI is 0.6 percent below the 12-month average of 54.6.
Read more in Logistics Management
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!
2018 Customs & Regulations Update:10 observations on the “digital trade transformation” Moore on Pricing: Freight settlement and your TMS View More From this Issue