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The purchasing managers' index (PMI) surveys are compiled on a monthly basis by polling businesses which represent the makeup of the respective business sector. S&P Global surveys cover manufacturing, services and in some cases also construction, while ISM's surveys cover all NAICS categories. SIPMM survey covers just the manufacturing sector. [2]
A PMI reading below 50 indicates contraction in the manufacturing sector, which accounts for 10.3% of the economy. December marked the ninth consecutive month that the PMI remained below the 50 ...
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.
The ISM's nonmanufacturing purchasing managers (PMI) index jumped to 56.0 last month, the highest reading since July 2022, from 54.9 in September. Economists polled by Reuters had forecast the ...
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A PMI reading below 50 indicates contraction in the manufacturing sector, which accounts for 10.3% of the economy. US manufacturing drops to 15-month low amid higher input prices: ISM Skip to main ...
S&P Global's own manufacturing PMI reading out Monday showed US manufacturing production reached a 22-month high in March. The firm's broader measure of manufacturing activity hit 51.9 in March ...
All data points from this survey are made available at US Macro >> Non-Manufacturing ISM Report on Business (link outdated, 404) The report is based on data compiled from monthly replies to questions asked of more than 370 purchasing and supply executives in over 62 different industries representing nine divisions from the Standard Industrial ...