The June NMI® registered 59.1 percent, which is 0.5 percentage point higher than the May reading of 58.6 percent. There is a continuing concern relating to tariffs, capacity constraints and delivery.
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Showing posts with label non-manufacturing sector. Show all posts
Showing posts with label non-manufacturing sector. Show all posts
Thursday, July 5, 2018
June service sector economy index rises another 0.5 points to 59.1 percent
Thursday, January 4, 2018
IHS Markit Services Business Activity Index dipped .8 points in December
The seasonally adjusted final IHS Markit U.S.
Services Business Activity Index registered 53.7
in December, down from 54.5 in November. The
latest index was higher than the earlier ‘flash’
reading (52.4) and indicated a solid increase in
business activity at US service providers. A number
of panel members suggested the upturn was due to
greater client demand and increased new order
volumes. However, the overall rate of activity
growth was the weakest since May and below the
series trend.
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Friday, August 4, 2017
IHS Markit: July services sector index grew at fastest pace since January
The seasonally adjusted IHS Markit U.S. Services
Business Activity Index registered 54.7 in July, up
from 54.2 in June. The latest reading signalled the
largest expansion of business activity since January
and the fourth consecutive month of accelerated
growth.
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Thursday, July 6, 2017
ISM: Service sector economy index rose slightly in June
The NMI registered 57.4 percent in June, which is 0.5 percentage point higher than the May reading of 56.9 percent. This represents continued growth in the non-manufacturing sector at a slightly faster rate. The majority of respondents’ comments are positive about business conditions and the overall economy.
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