Non-Manufacturing Index

By Jeff Berman · May 19, 2016
Even though there are myriad indications that the economy has lost some of its footing in recent months, the May 2016 Semiannual Economic Forecast issued by the Institute for Supply Management indicates that prospects for growth remain fully intact.
By Jeff Berman · March 3, 2016
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 53.4 in February (a level of 50 or higher indicates growth), which was 0.1 percent off from January, with economic activity in the non-manufacturing sector growing for the 73rd consecutive month. The February PMI is 3.2 percent below the 12-month average of 56.6.
By Jeff Berman · February 3, 2016
The index ISM uses to measure non-manufacturing growth—known as the NMI—came in at 53.5 in January (a level of 50 or higher indicates growth), which was 2.3 percent below December, while economic activity in the non-manufacturing sector continued to grow for the 72nd month in a row. The current PMI is 3.4 percent below the 12-month average of 56.9.
By Jeff Berman · January 6, 2016
Non-manufacturing activity finished 2015 with growth, even with a slight decline in its key metric, according to the most recent edition of the Non-Manufacturing Report on Business from the Institute for Supply Management (ISM).
By Jeff Berman · December 9, 2015
The December 2015 Semiannual Economic Forecast issued yesterday by the Institute for Supply Management took on two items that have been prevalent in addressing current trends in the form of: sharply lower oil prices the strength of the U.S. dollar. Each question was presented to the ISM’s manufacturing and non-manufacturing member respondents.
By Jeff Berman · November 4, 2015
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 59.1 in October (a level of 50 or higher indicates growth), up 2.2 percent over September’s 56.9 and down 1.2 percent compared to July’s 60.3, which is its highest reading since January 2008.
By Jeff Berman · July 6, 2015
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 56.0 in June, which edged out May by 0.3 percent.
By Jeff Berman · May 6, 2015
Growth firmly remains in the cards for both the manufacturing and non-manufacturing sectors in 2015. That was the main takeaway from the December 2014 Semiannual Economic Forecast from the Institute for Supply Management (ISM), which, in many ways, picked up where its companion Spring 2014 report published last April left off.
By Jeff Berman · February 4, 2015
The index ISM uses to measure non-manufacturing growth—known as the NMI—came in at 56.7 in January, which was 0.2 percent ahead of December and also 0.2 percent ahead of the 12-month average of 56.5. Economic activity in the non-manufacturing sector has grown for the last 60 months, according to ISM.
By Jeff Berman · January 6, 2015
The Institute for Supply Management reported (ISM) today that even with a slight decline from November non-manufacturing activity in December finished 2014 on steady terrain in its Non-Manufacturing Report on Business.
By Jeff Berman · September 4, 2014
The Institute for Supply Management reported today that non-manufacturing activity in August was strong, as well as record setting, on a few fronts.
By Jeff Berman · August 5, 2014
The NMI, the ISM’s index to measure growth, increased 2.7 percent to 58.7, which is its highest level since its inception in January 2008.
By Jeff Berman · May 7, 2014
The outlook for growth in both the manufacturing and non-manufacturing sectors for the remainder of 2014 can be described as very good. That is the general thesis of the Spring 2014 Semiannual Economic Forecast issued by the Institute for Supply Management (ISM) this week.
By Jeff Berman · March 5, 2014
Even with some slippage for key metrics, the Institute for Supply Management (ISM) reported today the non-manufacturing activity in February remained on a growth path for the 49th consecutive month in its February Non-Manufacturing ISM Report on Business.
By Jeff Berman · December 11, 2013
As has been the case in its respective monthly manufacturing and non-manufacturing reports on business, continued growth remains in the cards for 2014, according to the December 2013 Semiannual Economic Forecast released this week by the Institute for Supply Management.

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From the July 2016 Issue
While it’s currently a shippers market, the authors of this year’s report contend that we’ve entered a “period of transition” that will usher in a realignment of capacity, lower inventories, economic growth and “moderately higher” rates. It’s time to tighten the ties that bind.
2016 State of Logistics: Third-party logistics
2016 State of Logistics: Ocean freight
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