The Institute for Supply Management released it’s non-manufacturing report today hit 52.1, the lowest in more than 12 months, indicating that while the service-related businesses are still growing, the growth is slowing. In May, the Non-manufacturing index (NMI) was at 53.7. June’s NMI was markedly lower at 52.1 indicating that service-sector employers were seeing weakness [...]
Tag: "Institute for Supply Management"
(Tempe, Arizona) — Economic activity in the non-manufacturing sector grew in June for the 30th consecutive month, say the nation’s purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business®. The report was issued today by Anthony Nieves, C.P.M., CFPM, chair of the Institute for Supply Management™ Non-Manufacturing Business Survey Committee. “The NMI registered 52.1 percent in [...]