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Supply Management

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4 days ago

ISM® Services Index Increased to 51.6% in April

(Posted with permission). The ISM® Services index was at 51.6%, up from 50.8% last month. The employment index increased to 49.0%, from 46.2%. Note: Above 50 indicates expansion, below 50 in contra…

7 days ago

Q2 GDP Tracking: Back to Growth, Wide Range

From BofA (forecast, not tracking):
GDP contracted by 0.3% q.q saar in 1Q, despite solid final demand (+2.3%). In our assessment, the surge in imports (which took 5.0pp off 1Q growth) due to front-r…

36 days ago

ISM® Services Index Decreased to 50.8% in March; Employment Index Declined Sharply

(Posted with permission). The ISM® Services index was at 50.8%, down from 53.5% last month. The employment index decreased to 46.2%, from 53.5%. Note: Above 50 indicates expansion, below 50 in cont…

65 days ago

ISM® Services Index Increased to 53.5% in February

(Posted with permission). The ISM® Services index was at 53.5%, up from 52.8% last month. The employment index increased to 53.9%, from 52.3%. Note: Above 50 indicates expansion, below 50 in contra…

3 months ago

ISM® Services Index Decreases to 52.8% in January

(Posted with permission). The ISM® Services index was at 52.8%, down from 54.0% last month. The employment index increased to 52.3%, from 51.3%. Note: Above 50 indicates expansion, below 50 in cont…

4 months ago

ISM® Services Index Decreases to 52.1% in November

(Posted with permission). The ISM® Services index was at 52.1%, down from 56.0% last month. The employment index decreased to 51.5%, from 53.0%. Note: Above 50 indicates expansion, below 50 in cont…

Q4 GDP Tracking: 2.1% to 3.3% Range

From BofA:
Since our last weekly publication, our 3Q GDP tracking estimate has moved up a tenth to 2.9% q/q saar from the second official print of 2.8% q/q saar. Additionally, we initiated our 4Q US …

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