Non-Manufacturing Business Activity Index
Encyclopedia
The Non-Manufacturing Business Activity Index is a seasonally adjusted index released by the Institute for Supply Management
measuring business activity in the United States service economy
as part of the Non-Manufacturing ISM Report on Business
.
An index greater than 50 indicates growth in business activity.
Business Activity % Higher % Same % Lower Index
July 2002 25 54 21 53.1
June 2002 35 50 15 57.2
May 2002 34 55 11 60.1
April 2002 31 56 13 55.3
March 2002 32 57 11 57.3
February 2002 31 53 16 58.7
January 2002 21 48 31 49.6
December 2001 21 52 27 50.1
Institute for Supply Management
Founded in 1915, the Institute for Supply Management is the first supply management institute in the world.ISM is a not-for-profit educational association that serves professionals and organizations with an interest in supply management in more than 80 countries...
measuring business activity in the United States service economy
Service economy
Service economy can refer to one or both of two recent economic developments. One is the increased importance of the service sector in industrialized economies. Services account for a higher percentage of US GDP than 20 years ago...
as part of the Non-Manufacturing ISM Report on Business
Non-Manufacturing ISM Report on Business
The Non-Manufacturing ISM Report on Business is a purchasing survey of the United States service economy, published by the Institute for Supply Management since June 1998. Its results are a popular economic indicator and forecaster...
.
An index greater than 50 indicates growth in business activity.
Business Activity % Higher % Same % Lower Index
July 2002 25 54 21 53.1
June 2002 35 50 15 57.2
May 2002 34 55 11 60.1
April 2002 31 56 13 55.3
March 2002 32 57 11 57.3
February 2002 31 53 16 58.7
January 2002 21 48 31 49.6
December 2001 21 52 27 50.1