services index

ISM Non-Manufacturing October 2010 Index - 54.3%

The ISM Non-manufacturing report for October 2010 is out. The overall index increased to 54.3%, 1.1 points higher than September's 53.2%. Last month's services index increased 1.7 percentage points. The ISM indexes mean anything above 50 is growth, below 50 is contraction. Notice the jump is not as high as earlier in the year.

 

ISM Non-Manufacturing September 2010 Index - 53.2%

The ISM Non-manufacturing report for September 2010 is out. The overall index increased to 53.2%, 1.7 points higher than August's 51.5%. This report is also referred to as the services index, or service sector index. While the press is all gaga over this report, once again we know why a picture is worth a thousand words, NMI is not breaking any records here for the last two years.

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