The index ISM uses to measure non-manufacturing growth—known as the NMI—was 57.3 in February (a reading of 50 or higher indicates growth is occurring), which topped January’s 55.5 by 1.8%. The NMI headed up for the 121st consecutive month, and the February NMI is 4% above the 12-month average of 55.3, as well as the highest reading over that span.
Source: logistics Mgmt
Despite coronavirus issues, non-manufacturing is solid in February, reports ISM
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