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Manufacturing activity declines for the third straight month, reports ISM
The report’s benchmark reading, the PMI, came in at 48.5 (a reading of 50 or higher indicates growth), down 0.2% from April’s 48.7 reading. The last three months of declines were preceded by gains, with January and February readings at 50.9…
April manufacturing output heads down, for second straight month, reports ISM
The report’s benchmark reading, the PMI, came in at 48.7 (a reading of 50 or higher indicates growth), down 0.3% from March’s 49.0 reading. The last two months of declines were preceded by gains, with January and February readings at 50.9 and…
ISM report points to services sector growth in March but at a reduced rate
The March Services PMI, at 50.8 (a reading of 50 or higher signals growth) fell 2.7% compared to February, growing, at a slower rate, for the ninth consecutive month, and for the 55th time in the last 58 months, going back to the initial recovery…
Manufacturing contracts in March, as tariff impact weighs on growth, notes ISM
The report’s benchmark reading, the PMI, came in at 49 (a reading of 50 or higher indicates growth), down 1.3% from February’s 50.3 reading. January’s PMI, at 50.9, represented the first growth month, after a 26-month run of contraction.
ISM: February services sector activity grows for eighth consecutive month
The February Services PMI, at 54.4 (a reading of 50 or higher signals growth) was up 0.7% compared to January, growing, at a faster rate, for the eighth consecutive month, and for the 54th time in the last 57 months, going back to the initial…
ISM reports Services economy turns in solid December performance to end 2024, notes ISM
The December Services PMI, at 54.1 (a reading of 50 or higher signals growth) rose 2.0% over November’s 52.1 reading, growing, at a faster rate, for the sixth consecutive month, and for the 52nd time in the last 55 months, going back to the…
Manufacturing contracts in December, but prospects are positive for 2025, reports ISM
The report’s benchmark reading, the PMI, at 49.3 (a reading of 50 or higher indicates growth), rose 0.9% over November, with the PMI contracting for the ninth consecutive month and the 25th time in the last 26 months.
Services economy sees gains for fifth straight month in November, reports ISM
The November Services PMI, at 52.1 (a reading of 50 or higher signals growth), was down 3.9% compared to October, growing, at a slower rate, for the fifth consecutive month.
November manufacturing output increases but with more room to run, reports ISM
The report’s benchmark reading, the PMI, at 48.4 (a reading of 50 or higher indicates growth), increased 1.9% over November’s 46.5, its lowest number in 2024, with the PMI contracting for the eighth consecutive month and the 24th time in the…
Services sector sees growth in October, reports ISM
The October Services PMI, at 57.2 (a reading of 50 or higher signals growth), was up 1.1% over September, growing, at a faster rate, for the fourth consecutive month.
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