Haver Analytics
Haver Analytics
Global| Sep 03 2019

U.S. ISM Nonmanufacturing and Composite Indexes Erase Last Month’s Rise

Summary

PREVIOUS>>>>The Composite Index of Nonmanufacturing Sector Activity from the Institute for Supply Management (ISM) increased to 56.4 during August..... The ISM figures are available in Haver's USECON database, with additional detail [...]


PREVIOUS>>>>The Composite Index of Nonmanufacturing Sector Activity from the Institute for Supply Management (ISM) increased to 56.4 during August.....

The ISM figures are available in Haver's USECON database, with additional detail in the SURVEYS database. The expectations figure from Action Economics is in the AS1REPNA database.

ISM Nonmanufacturing Survey (SA) Sep Aug Jul Sep'18 2018 2017 2016
Composite Diffusion Index 52.6 56.4 53.7 60.8 58.9 57.0 54.9
   Business Activity 55.2 61.5 53.1 64.1 61.5 60.2 58.0
   New Orders 53.7 60.3 54.1 61.5 61.3 59.3 57.6
   Employment 50.4 53.1 56.2 60.4 56.9 55.1 52.5
   Supplier Deliveries (NSA) 51.0 50.5 51.5 57.0 55.8 53.2 51.5
Prices Index 60.0 58.2 56.5 63.3 62.1 57.6 52.6
ISM Mfg + Nonmfg Composite (SA) 52.1 55.6 53.4 60.7 58.9 57.0 54.6
  • Gerald Cohen provides strategic vision and leadership of the translational economic research and policy initiatives at the Kenan Institute of Private Enterprise.

    He has worked in both the public and private sectors focusing on the intersection between financial markets and economic fundamentals. He was a Senior Economist at Haver Analytics from January 2019 to February 2021. During the Obama Administration Gerald was Deputy Assistant Secretary for Macroeconomic Analysis at the U.S. Department of Treasury where he helped formulate and evaluate the impact of policy proposals on the U.S. economy. Prior to Treasury, he co-managed a global macro fund at Ziff Brothers Investments.

    Gerald holds a bachelor’s of science from the Massachusetts Institute of Technology and a Ph.D. in Economics from Harvard University and is a contributing author to 30-Second Money as well as a co-author of Political Cycles and the Macroeconomy.

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