Written by Steven Hansen The February 2014 ISM non-manufacturing (aka services) index continues its growth cycle, but declined from 54.0 to 51.6 (above 50 signals expansion). Important internals were soft.
Tag Archives: ISM
February 2014 ISM Manufacturing Survey At High End of Expectations
Written by Steven Hansen The ISM Manufacturing survey for February 2014 indicated moderate manufacturing expansion. The New Orders sub-index which historically correlates to the economy improved even more significantly than the prime index.
January 2014 ISM Services Index Strengthens
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.
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.
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.