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ISM: Services Sector Slipped in March But Still in Growth Territory

ISM: Services Sector Slipped in March But Still in Growth Territory

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...
ISM: Services Industries Enjoyed January Economic Growth

ISM: Services Industries Enjoyed January Economic Growth

by Mike Duff | Feb 6, 2023 | Retail Articles

In the latest Institute for Supply Management Report On Business, economic activity in the services sector expanded in January after contracting in December following 30 consecutive months of growth. Based on research conducted with purchasing and supply executives,...
ISM Reports Third Month of Manufacturing Sector Contraction

ISM Reports Third Month of Manufacturing Sector Contraction

by Mike Duff | Feb 2, 2023 | Retail Articles

According to the latest Manufacturing Report on Business from the Institute for Supply Management, economic activity in the manufacturing sector contracted in January for the third consecutive month following a 28-month period of growth. In a poll of supply executives...
ISM: U.S. Services Sector Contracted in December

ISM: U.S. Services Sector Contracted in December

by Mike Duff | Jan 9, 2023 | Retail Articles

Although retail gained, economic activity in the services sector contracted in December after 30 consecutive months of growth as the Institute for Supply Management Services Purchasing Managers Index registered 49.6%. In the index, based on a poll of purchasing and...
ISM Reports Third Month of Manufacturing Sector Contraction

ISM: U.S. Manufacturing Continues Contraction in December

by Mike Duff | Jan 5, 2023 | Retail Articles

Economic activity in the manufacturing sector of the United States economy contracted in December for the second consecutive month following a 29-month period of growth, according to supply executives polled for the latest Institute for Supply Management Report On...
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