Tag Archives: Institute for Supply Management

Economy Watch: Services Sector Growth Slowed in December

Posted on January 6, 2022 by Joel Whitaker

Economic activity in the services sector grew in December for the 19th month in a row with the Services PMI® exceeding 60% for the 10th consecutive month, according to the Institute for Supply Management. Every major component of the Services … Continue reading →

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Economy Watch: Improvement to Continue in 2022, Purchasing Agents Say

Posted on December 13, 2021 by Joel Whitaker

The U.S. economy will continue to improve, say the nation’s purchasing and,  supply management executives. This expansion, detailed in the December 2021 Semiannual Economic Forecast.  will continue a growth trend that began in June 2020. Revenues are expected to increase in … Continue reading →

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Economy Watch: New Orders, Production Growing, Jobs Contracting

Posted on September 1, 2021 by Joel Whitaker

The overall U.S. manufacturing economy notched a 15th consecutive month of growth in August, according to the Manufacturing ISM Report on Business.  New orders were up, as was production.  The Prices Index declined 1.5 percentage points to 79.4%, its first … Continue reading →

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