Services economy grows in August for third straight month, reports ISM
September 4, 2025
The August Services PMI, at 52.0 (a reading of 50 or higher signals growth), rose 1.9% over July’s 50.1 reading.
June manufacturing output shows improvement but falls short of growth, reports ISM
July 1, 2025
The report’s benchmark reading, the PMI, came in at 49.0 (a reading of 50 or higher indicates growth), up 0.5% from May’s 48.5 reading, which was off 0.2% from April’s 48.7 reading.
Services sector activity contracts in May after 10 months of growth, reports ISM
June 4, 2025
The May Services PMI, at 49.9 (a reading of 50 or higher signals growth), fell 1.7% from April’s 51.6 reading. Prior to May, the Services PMI had seen growth in 56 of the previous 59 months, going back to the initial recovery from the pandemic in June 2020.
Manufacturing output returns to growth to kick off 2025
February 3, 2025
The report’s benchmark reading, the PMI, stood at 50.9 (a reading of 50 or higher indicates growth), marking a 1.7% increase over December’s 49.2 reading. This reflects the overall economy expanding for the 57th consecutive month, following the contraction in April 2020.
November manufacturing output heads up but falls short of growth, reports ISM
December 2, 2024
The report’s benchmark reading, the PMI, at 48.4 (a reading of 50 or higher indicates growth), increased 1.9% over October's 46.5, its lowest number in 2024, with the PMI contracting for the eighth consecutive month and the 24th time in the last 25 months, since contracting in April 2020. It added that the overall economy has expanded, at a faster rate, for the last 55 months.
Manufacturing output slides again in June, reports ISM
July 1, 2024
The report’s benchmark reading, the PMI, came in at 48.5 (a reading of 50 or higher indicates growth), down 0.2% from May’s 48.7, which was down 0.5% from April’s 49.2.
Manufacturing output is flat from October to November, notes ISM
December 1, 2023
The report’s benchmark metric, the PMI, matched October’s reading, at 46.7 (a reading of 50 or higher indicates growth), contracting, at the same rate, for the 13th consecutive month. The past 13 months of contraction were preceded by a stretch of 28 consecutive months of growth. ISM also said that the overall economy contracted in November, at the same rate, for the second consecutive month, which was preceded by 30 consecutive months of growth.
March non-manufacturing data shows growth despite coronavirus
April 3, 2020
The March NMI came in at 52.5 in March, down 4.8% from February’s 57.3 reading (a reading of 50 or higher indicates growth is occurring), which marks the highest reading over the last year. The NMI headed up for the 122nd consecutive month, and the March NMI is 2.5% below the 12-month average of 55.0 and is the lowest reading over that span.
