Press "Enter" to skip to content

ISM reports strong non-manufacturing growth in January

The index ISM uses to measure non-manufacturing growth—known as the NMI–rose 3.0% to 59.7 (a reading of 50 or higher indicates growth is occurring), following a 1.3% decline to 56.7 from December to January. This reading represents the 109th consecutive month of NMI growth, with February’s NMI up 1.0% compared to the 12-month average of 58.7.
Source: logistics Mgmt

Be First to Comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *