Thursday, May 5, 2016

Service sector economy index rose to 55.7 percent in April

The NMI® registered 55.7 percent in April, 1.2 percentage points higher than the March reading of 54.5 percent. The majority of the respondents’ comments reflect optimism about the business climate and the direction of the economy.

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NMI® HISTORY
MonthNMI®MonthNMI®
Apr 2016  55.7Oct 2015  58.3
Mar 2016  54.5Sep 2015  56.7
Feb 2016  53.4Aug 2015  58.3
Jan 2016  53.5Jul 2015  59.6
Dec 2015  55.8Jun 2015  56.2
Nov 2015  56.6May 2015  55.9
Average for 12 months – 56.2
High – 59.6
Low – 53.4

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