Non-Manufacturing Business Activity Index

The Non-Manufacturing Business Activity Index is a seasonally adjusted index released by the Institute for Supply Management measuring business activity and conditions in the United States service economy as part of the Non-Manufacturing ISM Report on Business.[1] The index is composed of 4 sub-indicators, each of which have a 25% weight: business activity, new orders, employment and supplier deliveries.[2][3]

An index greater than 50 indicates growth in business activity.

Recent history

Month NMI®
Apr 2020 41.8
Mar 2020 52.5
Feb 2020 57.3
Jan 2020 55.5
Dec 2019 54.9
Nov 2019 53.9
gollark: Okay!
gollark: All my modpacks are in MultiMC and it's generally better. I do not want a CPU-cycle-burning Java application. Another one, I mean.
gollark: ... why would I want that?
gollark: It should probably work again if I just downgrade qt a version or something.
gollark: But, see, `calibre`, which I have precompiled from the repos, broke in the same way.

References

  1. "U.S. May ISM Non-Manufacturing Report on Business". Bloomberg. Retrieved 23 May 2020.
  2. Garmhausen, Steve. "2018 Market Outlook: 8 Charts From Jeffrey Gundlach". www.barrons.com. Retrieved 2020-05-24.
  3. "WSJ.com -- ISM, Nonmanufacturing Index -- Economic Indicators Archive". www.wsj.com. Retrieved 2020-05-24.
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