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United States ISM Non Manufacturing PMI

Discussion in 'Market News' started by Jonathan, Oct 9, 2015.

  1. Jonathan

    Jonathan Forum Member

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    The ISM Non-Manufacturing PMI index registered 56.9 percent in September of 2015, down from 59 in August and below market expectations. Growth in the services sector slowed for the second straight month to its lowest since June as business activity, new orders and prices decreased while job creation went up. Non Manufacturing PMI in the United States averaged 54.18 percent from 1997 until 2015, reaching an all time high of 62 percent in August of 1997 and a record low of 37.60 percent in November of 2008. Non Manufacturing PMI in the United States is reported by the Institute for Supply Management. The Non-Manufacturing ISM Report On Business® is based on data compiled from purchasing and supply executives nationwide. Survey responses reflect the change, if any, in the current month compared to the previous month. For each of the indicators measured (Business Activity, New Orders, Backlog of Orders, New Export Orders, Inventory Change, Inventory Sentiment, Imports, Prices, Employment and Supplier Deliveries) this report shows the percentage reporting each response, and the diffusion index. An index reading above 50 percent indicates that the non-manufacturing economy in that index is generally expanding; below 50 percent indicates that it is generally declining. This page provides the latest reported value for - United States ISM Non Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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