The ISM service index inched down to 55.3 in June, the slowest level of growth in more than two years since May 2020, when it was at 45.2. … READ MORE >
ISM service sector index
Chart of the day: Service sector expands at record pace
The shift back to spending on services continued to accelerate in November as the headline purchasing managers’ index for services reached an all-time high, according to data released by the Institute of Supply Management on Friday. … READ MORE >
CHART OF THE DAY: ISM index reaches recent high, boosted by service sector gains
The ISM non-manufacturing index climbed to 63.7% in March, firmly beating analysts’ expectations and reaching its highest reading in recent history. … READ MORE >
CHART OF THE DAY: Service sector survey shows strength in January
The Institute for Supply Management said on Wednesday that its nonmanufacturing purchasing managers’ index came in at 58.7 for the month, up from December’s revised figure of 57.7. A reading above 50 suggests expansion. … READ MORE >
CHART OF THE DAY: ISM service sector index growth continues
The November ISM Non-Manufacturing Index eased to 55.9, which is below the six-month average of 57.1, indicating solid growth in the service sector even as the pandemic rages. … READ MORE >
ISM service sector index: More pain ahead
The Institute of Supply Management’s April report on the service sector, like its manufacturing cousin, implies that the domestic economy has not yet troughed. The ISM said on Tuesday that the forward-looking new orders and business activity components of its Non-Manufacturing Index declined to 32.9 and 26, well below the 41.8 top line. … READ MORE >