Written by Steven Hansen The January 2014 ISM non-manufacturing (aka services) index continues its growth cycle, and strengthened marginally from 53.0 to 54.0 (above 50 signals expansion). Important internals also strengthened – but note that last month’s internals were revised upward.
Category Archives: ISM Surveys
January 2014 ISM Manufacturing Survey Disappoints
Written by Steven Hansen The ISM Manufacturing survey for January 2014 showed the expansion again declined. The New Orders sub-index which historically correlates to the economy declined and now is barely in expansion.
ISM Non Manufacturing New Orders Collapse
After the ISM’s manufacturing new orders for December showed some life last week we had reason to expect a good report from the Non Manufacturing (services) sector. It didn’t happen.
December 2013 ISM Services Index Internals Very Weak
Written by Steven Hansen The December 2013 ISM non-manufacturing (aka services) index continues its growth cycle, but weakened from 53.9 to 53.0 (above 50 signals expansion). One important report internal crashed.
December 2013 ISM Manufacturing Survey Above Expectations
Written by Steven Hansen The ISM Manufacturing survey for December 2013 showed the expansion was marginally weaker. The New Orders sub-index which historically correlates to the economy improved.