United States ISM Non Manufacturing PMI 1997-2017 | Data | Chart

The ISM Non-Manufacturing PMI index for the United States fell to 56.9 in May of 2017 from 57.5 in April, slightly below market expectations of 57. Production and new orders rose at a slower pace while employment picked up. The majority of respondents’ comments continue to indicate optimism about business conditions and the overall economy. Non Manufacturing PMI in the United States is reported by Institute for Supply Management.

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US Services Sector Slows In May: ISM

The ISM Non-Manufacturing PMI index for the United States fell to 56.9 in May of 2017 from 57.5 in April, slightly below market expectations of 57. Production and new orders rose at a slower pace while employment picked up. The majority of respondents’ comments continue to indicate optimism about business conditions and the overall economy.

Slower growth was seen for business activity (-1.7 to 60.7); new orders (-5.5 from 57.7); supplier deliveries (-1.5 to 51.5) and new export orders (-11 to 54.5). On the positive side, employment (6.4 to 57.8); inventories (1.5 to 54) and backlogs of work (3.5 to 57) rose faster and price pressures eased (-8.4 to 49.2).

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

ISM | Joana Taborda | joana.taborda@tradingeconomics.com
6/5/2017 2:20:31 PM

Recent Releases

US Services Sector Growth Beats Expectations In April: ISM
The ISM Non-Manufacturing PMI index for the United States went up to 57.5 in April of 2017 from 55.2 in March, beating market expectations of 55.8. Business activity increased and new orders reached the highest since August of 2005 as non-manufacturers were mostly positive about business conditions and the overall economy.
Published on 2017-05-03

US Services Sector Growth At 5-Month Low: ISM
The ISM Non-Manufacturing PMI index for the United States fell to 55.2 in March of 2017 after reaching a 16-month high of 57.6 in February and below market expectations of 57. It is the lowest reading since October of 2016 as production, new orders , employment and inventories slowed and inventories contracted.
Published on 2017-04-05

US Services Sector Growth At 16-Month High: ISM
The ISM Non-Manufacturing PMI index rose to 57.6 in February of 2017 from 56.5 in January and beating market expectations of 56.5. It is the highest reading since October of 2015, boosted by a surge in activity and rising new orders and employment. The majority of service providers indicated a positive outlook on business conditions and the overall economy although some uncertainty persists.
Published on 2017-03-03

US Services Sector Growth Eases In January: ISM
The ISM Non-Manufacturing PMI index edged down to 56.5 in January of 2017 from a downwardly revised 56.6 in December and below market expectations of 57. Business activity and new orders eased and price pressures intensified while payrolls rose faster. Comments from non-manufacturers were mixed, indicating both optimism and a degree of uncertainty in the business outlook as a result of the change in government administration.
Published on 2017-02-03

United States Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	54.90	54.80	77.50	29.40		[+]
Services PMI	53.00	53.60	61.00	49.30	Index Points	[+]
Non Manufacturing PMI	56.90	57.50	62.00	37.60	percent	[+]
Manufacturing PMI	52.10	52.70	57.90	50.70		[+]
Composite Pmi	53.00	53.60	61.00	50.00	Index Points	[+]
Industrial Production	2.20	2.10	62.00	-33.70	percent	[+]
Industrial Production Mom	0.00	1.10	16.60	-10.40	percent	[+]
Manufacturing Production	1.40	1.60	67.90	-39.40	percent	[+]
Capacity Utilization	76.60	76.70	89.40	66.70	percent	[+]
Durable Goods Orders	-0.70	2.30	22.10	-17.90	percent	[+]
Durable Goods Orders Ex Defense	-0.80	1.10	24.80	-18.60	percent	[+]
Durable Goods Orders Ex Transportation	-0.40	0.80	6.00	-11.10	percent	[+]
Factory Orders Ex Transportation	0.10	0.20	4.60	-7.30	percent	[+]
New Orders	469030.00	478185.00	565232.00	223500.00	USD Million	[+]
Factory Orders	-0.20	1.00	10.20	-9.40	percent	[+]
Business Inventories	-0.20	0.20	1.30	-2.00	percent	[+]
Changes in Inventories	4.30	49.60	117.20	-206.10	USD Billion	[+]
Wholesale Inventories	-0.50	0.10	2.10	-2.00	percent	[+]
Bankruptcies	23591.00	24114.00	82446.00	19695.00	Companies	[+]
Corporate Profits	1571.20	1611.40	1703.60	14.40	USD Billion	[+]
NFIB Business Optimism Index	104.50	104.50	107.70	80.10	Index Points	[+]
NY Empire State Manufacturing Index	19.80	-1.00	38.99	-34.30	Index Points	[+]
Philadelphia Fed Manufacturing Index	27.60	38.80	58.50	-57.90	Index Points	[+]
Richmond Fed Manufacturing Index	1.00	20.00	26.00	-43.00	Index Points	[+]
Ism New York Index	46.70	55.80	88.80	23.40	percent	[+]
Dallas Fed Manufacturing Index	17.20	16.80	46.60	-59.50	Index Points	[+]
Chicago Fed National Activity Index	0.49	0.07	2.73	-5.10		[+]
Chicago Pmi	59.40	58.30	78.80	21.40	Index Points	[+]
Total Vehicle Sales	16.66	16.88	21.77	9.05	Million	[+]
Car Production	3.48	3.54	9.92	1.29	Million Units	[+]
Car Registrations	524.96	569.19	1149.00	331.50	Thousand	[+]
Crude Oil Stocks Change	-2.45	-1.66	14.42	-15.22	BBL/1Million	[+]
Natural Gas Stocks Change	61.00	78.00	147.00	-287.00	Billion cf	[+]
Gasoline Stocks Change	-578.00	2096.00	11456.00	-8419.00	Thousand Barrels	[+]
Leading Economic Index	181.55	181.22	182.29	70.21	Index Points	[+]
Small Business Sentiment	51.67	49.03	59.12	48.35		[+]
Steel Production	6995.00	6717.00	11951.00	3799.00	Thousand Tonnes	[+]
Mining Production	8.30	7.10	108.20	-28.80	percent	[+]
Corruption Index	74.00	76.00	78.00	71.00	Points	[+]
Corruption Rank	18.00	16.00	24.00	14.00		[+]
Competitiveness Index	5.70	5.61	5.79	5.42	Points	[+]
Competitiveness Rank	3.00	3.00	7.00	1.00		[+]
Ease of Doing Business	8.00	7.00	8.00	4.00		[+]

United States ISM Non Manufacturing PMI Notes

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 June of 2017.