Non-Manufacturing Business Activity Index

The Non-Manufacturing Business Activity Index is a seasonally adjusted index released by the Institute for Supply Management measuring business activity and conditions in the United States service economy as part of the Non-Manufacturing ISM Report on Business.^[1] The index is composed of 4 sub-indicators, each of which have a 25% weight: business activity, new orders, employment and supplier deliveries.^[2]^[3]

An index greater than 50 indicates growth in business activity.

Recent history

Month	NMI®
Apr 2020	41.8
Mar 2020	52.5
Feb 2020	57.3
Jan 2020	55.5
Dec 2019	54.9
Nov 2019	53.9

References

^ "U.S. May ISM Non-Manufacturing Report on Business". Bloomberg.com. 3 June 2011. Retrieved 23 May 2020.
^ Garmhausen, Steve. "2018 Market Outlook: 8 Charts From Jeffrey Gundlach". www.barrons.com. Retrieved 2020-05-24.
^ "WSJ.com -- ISM, Nonmanufacturing Index -- Economic Indicators Archive". www.wsj.com. Retrieved 2020-05-24.

External links

Non-manufacturing ISM Report on Business

[1] "U.S. May ISM Non-Manufacturing Report on Business". Bloomberg.com. 3 June 2011. Retrieved 23 May 2020.

[2] Garmhausen, Steve. "2018 Market Outlook: 8 Charts From Jeffrey Gundlach". www.barrons.com. Retrieved 2020-05-24.

[3] "WSJ.com -- ISM, Nonmanufacturing Index -- Economic Indicators Archive". www.wsj.com. Retrieved 2020-05-24.

[1]

[2]

[3]