by Mike Duff | Feb 6, 2024 | Retail Articles
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...
by Mike Duff | Dec 19, 2023 | Home + Housewares, Retail Articles
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...
by Mike Duff | Dec 15, 2023 | Retail Articles
The Institute for Supply Management reported economic activity in the services sector, including retail, expanded in November for the 11th consecutive month. The services Purchasing Managers’ Index registered 52.7% in November. Based on a poll of purchasing and...
by Mike Duff | Jun 8, 2023 | Retail Articles
Economic activity in the services sector expanded in May for the fifth consecutive month but declined relative to April as the Services Purchasing Managers Index registered 50.3% even as retail showed improvement, according to a survey of purchasing and supply...
by Mike Duff | Apr 10, 2023 | Retail Articles
According to the Institute for Supply Management Report on Business, the services Purchasing Managers Index fell to 51.2% from 55.1% in March, but the sector remained in growth territory. Readings above 50% indicated sector growth. The services sector has grown in 33...