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The Services Index which is a weighted composite index for services data (similar to the Purchasing Managers' Index (PMI)) was developed and first published in the January 2008 Non-Manufacturing ISM Report On Business. This was not available prior to that date because there was insufficient services historical data to develop a composite index.
Institute for Supply Management (ISM) is the world's oldest and largest supply management association. [1] Founded in 1915, the U.S.-based not-for-profit educational association serves professionals and organizations with interest in supply management, providing education, training, qualifications, publications, information, and research.
Government goods and services increased $0.1 billion while transport services edged up $0.1 billion. The goods trade deficit widened 14.9% to $109.0 billion, also the highest since March 2022.
Economic growth data has largely been weaker than expected to start 2025, ... ISM's manufacturing index fell to a reading of 50.3 in February from 50.9 in January. Meanwhile, the prices paid index ...
WASHINGTON (Reuters) -U.S. services industry growth slowed a bit in February amid a decline in employment, but a measure of new orders increased to a six-month high, pointing to underlying ...
The Non-Manufacturing ISM Report on Business is a purchasing survey of the United States service economy, published by the Institute for Supply Management since June 1998. [1] Its results are a popular economic indicator and forecaster.
Economic data: ISM services index, October (53.8 expected, 54.9 prior) Earnings: Apollo Global Management ( APO ), Devon Energy ( DVN ), Ferrari ( RACE ), Super Micro Computer ( SMCI ) Wednesday
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