Institute for Supply Management
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Economy Watch: Non-Manufacturing Sector Still Growing Nicely
November marked the 82nd consecutive month of economy growth in the sector.
National 06 December 2016 14:26 -
Construction Spending, Non-Residential Building, Manufacturing, Industrial, Retail Sectors
Construction spending dropped in November, though nonresidential building was up for the year. Manufacturing was down that month but continues to grow overall—good news for the industrial and retail sectors.
National 05 January 2015 14:56 -
Service Sector Growth Slows; New Factory Orders Up
The Institute for Supply Management reported that its Non-Manufacturing Index came in at 53.0 for December, a drop from 55.4 in November. And new orders for manufactured goods were up by 1.8 percent to an annualized $498 billion.
National 07 January 2014 16:21 -
Construction Spending Edges Up; Unemployment Claims Tick Down
U.S. construction spending during November came in 1 percent higher than the revised October estimate. But initial unemployment claims decreased by 2,000 from the previous week.
National 03 January 2014 14:32 -
Non-Manufacturing Sectors Expand Again; Residential Asking Price Appreciation Slows; Tight Credit Remains Drag on Economy
The U.S. non-manufacturing sector is continuing to grow, with this month's expansion being the 46th in a row. Asking prices in the U.S. residential market increased 0.6 percent month over month in October, the second-slowest monthly gain in seven months. And according to economists, tight credit continues to hold back the housing sector and broader economy from full recovery.
National 07 November 2013 14:59 -
Manufacturing Sector Continues Expansion; Auto Sales Status Quo
Activity in the U.S. manufacturing sector expanded in October for the fifth month in a row, and the nation’s overall economy grew for the 53rd consecutive month. And U.S. auto and light truck sales increased by 5.9 percent compared to last year, but are down slightly from last month.
National 04 November 2013 14:47 -
Economy Creates 169K Jobs in August; Residential Asking Price Peaks; Non-Manufacturing Sector Expands
The economy created 169,000 jobs in August, lower than the average increase for the last 12 months, which was 184,000. Asking home prices rose 11 percent nationally year over year in August, and 1.2 percent compared with July. And the Institute for Supply Management’s non-manufacturing index was at 58.6 percent in August, up from 56 percent in July.
National 06 September 2013 14:03
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