United States ISM Non Manufacturing PMI 1997-2018 | Data | Chart

The ISM Non-Manufacturing PMI index for the United States rose to 59.1 in June of 2018 from 58.6 in May, beating market forecasts of 58.3. It is the highest reading since February as business activity and new orders rose faster and price pressures eased. Companies continue to be optimistic about business conditions and the overall economy although there is a continuing concern relating to tariffs, capacity constraints and delivery. Non Manufacturing PMI in the United States is reported by Institute for Supply Management.

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US Services Growth at 4-Month High: ISM

The ISM Non-Manufacturing PMI index for the United States rose to 59.1 in June of 2018 from 58.6 in May, beating market forecasts of 58.3. It is the highest reading since February as business activity and new orders rose faster and price pressures eased. Companies continue to be optimistic about business conditions and the overall economy although there is a continuing concern relating to tariffs, capacity constraints and delivery.

Faster increases were seen in business activity (63.9 from 61.3), new orders (63.2 from 60.5) and new export orders (60.5 from 57.5) and price pressures slowed (60.7 from 64.3). On the other hand, slowdowns were seen in employment (53.6 from 54.1), supplier deliveries (55.5 from 58.5), inventories (53.5 from 57.5) and backlog of orders (56.5 from 60.5).

The 17 non-manufacturing industries reported growth in June — listed in order — are: Mining; Construction; Wholesale Trade; Retail Trade; Public Administration; Educational Services; Real Estate, Rental & Leasing; Management of Companies & Support Services; Transportation & Warehousing; Health Care & Social Assistance; Utilities; Finance & Insurance; Arts, Entertainment & Recreation; Other Services; Professional, Scientific & Technical Services; Information; and Accommodation & Food Services. The only industry reporting a decrease is Agriculture, Forestry, Fishing & Hunting.

ISM | Joana Taborda | joana.taborda@tradingeconomics.com
7/5/2018 2:16:05 PM

Recent Releases

US ISM Non Manufacturing PMI Beats Forecasts
The ISM Non-Manufacturing PMI index for the United States jumped to 58.6 in May of 2018 from 56.8 in April, well above market expectations of 57.5. Faster increases were seen for business activity, new orders and employment. Firms remain optimistic about business conditions and the overall economy although there continue to be concerns about the uncertainty surrounding tariffs, trade agreements and the impact on cost of goods sold.
Published on 2018-06-05

US ISM Non Manufacturing PMI Disappoints
The ISM Non-Manufacturing PMI index for the United States fell to 56.8 in April of 2018 from 58.8 in March, well below market expectations of 58.1. The reading pointed to the lowest expansion in the non-manufacturing sector in four months amid a slowdown in production and employment and uncertainty about tariffs and the effect on the cost of goods. However, firms remain positive about business conditions and the economy.
Published on 2018-05-03

US Services Growth Eases More than Expected
The ISM Non-Manufacturing PMI index for the United States fell to 58.8 in March of 2018 from 59.5 in February and compared to market forecasts of 59. A slowdown was mainly seen in new orders and production and price pressures intensified. On the other hand, employment went up faster and the majority of respondents remained positive about business conditions.
Published on 2018-04-04

US Services Growth Slows Less than Expected
The ISM Non-Manufacturing PMI index for the United States edged down to 59.5 in February of 2018 from an over 12-year high of 59.9 in January, beating market forecasts of 59. A slowdown was seen in employment while production and new orders rose faster; price pressures eased; and the outlook for business conditions and the economy remained positive.
Published on 2018-03-05

United States Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	60.20	58.70	77.50	29.40	Index Points	[+]
Manufacturing PMI	55.40	56.40	57.90	50.70		[+]
Services PMI	56.50	56.80	61.00	49.30	Index Points	[+]
Non Manufacturing PMI	59.10	58.60	62.00	37.60		[+]
Composite Pmi	56.20	56.60	61.00	50.00	Index Points	[+]
Industrial Production	3.50	3.60	62.00	-33.70	percent	[+]
Industrial Production Mom	-0.10	0.90	16.60	-10.40	percent	[+]
Manufacturing Production	1.70	1.90	67.90	-39.40	percent	[+]
Capacity Utilization	77.90	78.10	89.39	66.71	percent	[+]
Durable Goods Orders	-0.60	-1.00	23.50	-19.00	percent	[+]
Durable Goods Orders Ex Defense	-1.50	-1.50	26.00	-19.70	percent	[+]
Durable Goods Orders Ex Transportation	-0.30	1.90	7.50	-6.80	percent	[+]
Factory Orders Ex Transportation	0.70	0.90	4.60	-7.20	percent	[+]
New Orders	498174.00	494448.00	565232.00	223500.00	USD Million	[+]
Factory Orders	0.40	-0.40	10.60	-10.00	percent	[+]
Business Inventories	0.40	0.30	1.30	-2.00	percent	[+]
Changes in Inventories	13.86	15.56	132.20	-206.10	USD Billion	[+]
Wholesale Inventories	0.60	0.10	2.10	-2.00	percent	[+]
Bankruptcies	23106.00	23157.00	82446.00	19695.00	Companies	[+]
Corporate Profits	1920.00	1767.00	1920.00	14.40	USD Billion	[+]
NFIB Business Optimism Index	107.20	107.80	107.80	80.10	Index Points	[+]
Ism New York Index	55.00	56.40	88.80	23.40	percent	[+]
Philadelphia Fed Manufacturing Index	19.90	34.40	58.50	-57.90	Index Points	[+]
NY Empire State Manufacturing Index	22.60	25.00	39.00	-35.10	Index Points	[+]
Richmond Fed Manufacturing Index	20.00	16.00	30.00	-44.00	Index Points	[+]
Chicago Fed National Activity Index	-0.15	0.42	2.76	-5.16		[+]
Dallas Fed Manufacturing Index	36.50	26.80	47.10	-60.10	Index Points	[+]
Chicago Pmi	64.10	62.70	81.00	20.70	Index Points	[+]
Car Production	2.70	3.08	9.92	1.29	Million Units	[+]
Car Registrations	461.17	522.69	1149.00	331.50	Thousand	[+]
Total Vehicle Sales	17.47	16.91	21.77	9.05	Million	[+]
Crude Oil Stocks Change	-12.63	1.25	14.42	-15.22	BBL/1Million	[+]
Natural Gas Stocks Change	51.00	78.00	147.00	-359.00	Billion cf	[+]
Gasoline Stocks Change	-694.00	-1505.00	11456.00	-8428.00	Thousand Barrels	[+]
Leading Economic Index	123.07	122.91	184.16	70.21	Index Points	[+]
Internet Speed	18747.58	17235.62	18747.58	3609.31	KBps	[+]
IP Addresses	128949703.00	127873899.00	146874246.00	89399946.00	IP	[+]
API Crude Oil Stock Change	-6.80	-4.50	14.30	-12.40	BBL/1Million	[+]
Crude Oil Rigs	863.00	863.00	1609.00	98.00		[+]
Corruption Index	75.00	74.00	78.00	71.00	Points	[+]
Corruption Rank	16.00	18.00	24.00	14.00		[+]
Competitiveness Index	5.85	5.70	5.85	5.42	Points	[+]
Competitiveness Rank	2.00	3.00	7.00	1.00		[+]
Ease of Doing Business	6.00	8.00	8.00	4.00		[+]
Steel Production	7107.00	6930.00	11951.00	3799.00	Thousand Tonnes	[+]
Mining Production	12.60	11.20	108.20	-28.80	percent	[+]

United States ISM Non Manufacturing PMI

The Non-Manufacturing ISM Report On Business® is based on data compiled from purchasing and supply executives nationwide. Survey responses reflect the change, if any, in the current month compared to the previous month. For each of the indicators measured (Business Activity, New Orders, Backlog of Orders, New Export Orders, Inventory Change, Inventory Sentiment, Imports, Prices, Employment and Supplier Deliveries) this report shows the percentage reporting each response, and the diffusion index. An index reading above 50 percent indicates that the non-manufacturing economy in that index is generally expanding; below 50 percent indicates that it is generally declining. Orders to the service producers make up about 90 percent of the US economy. This page provides the latest reported value for - United States ISM Non Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States ISM Non Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on July of 2018.