The Institute for Supply Management Report On Business for the services industries reported economic activity in the sector grew in May after contracting in April for the first time since December 2022. The Services Purchasing Managers Index (PMI) registered 53.8%,...
The U.S. economy will continue to expand slowly for the rest of 2024, according to purchasing and supply executives in the Spring 2024 Semiannual Economic Forecast from the Institute of Supply Management. In the manufacturing sector, the study suggests that revenue...
Economic activity in the services sector expanded in March for the 15th consecutive month as the services Purchasing Managers Index registered 51.4%, according to the Institute for Supply Management. In March, the manufacturing index joined the service index in the...
Economic activity in the services sector advanced in January, reaching 53.4% in the Services PMI index, although retail lagged. Produced by the Institute for Supply Management, the January purchasing managers index showed services sector expansion for the 13th...
Economic improvement in the United States will continue in 2024, according to purchasing and supply management executives polled for the December 2023 Semiannual Economic Forecast published by the Institute for Supply Management. The polling results suggest that...
