ISM reports non-manufacturing growth remains intact in April
The NMI, the ISM’s index to measure growth, headed up 2.1 percent in April to 55.2
The Institute for Supply Management (ISM) reported today in its Non-Manufacturing Report on Business that non-manufacturing activity remained on a solid trajectory in April.
The NMI, the ISM’s index to measure growth, headed up 2.1 percent in April to 55.2. A reading above 50 represents growth. April’s NMI is 0.9 percent of the 12-month average of 54.3 and represents the 51st consecutive month of growth in the non-manufacturing sector.
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About the AuthorJeff Berman, Group News Editor Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman
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