The US Non-Manufacturing Index edged down to 55.5 in July, but remained in expansion territory, indicating a solid economic foundation. New orders and business activity continued to grow, while employment slowed slightly. Sector performance was mixed. Going forward, attention should be paid to the impact of global economic uncertainties and policy factors on the non-manufacturing sector.
The latest ISM report indicates that the non-manufacturing index, although slightly down from July, maintained solid growth in August, signaling a continued positive long-term trend. The report highlights short-term pullbacks and long-term growth potential in key indicators such as business activity, new orders, and employment. It also emphasizes potential risks like global economic volatility and inventory management. Businesses should remain optimistic, adapt flexibly, optimize management, seize opportunities, and embrace challenges to achieve sustainable growth.
US non-manufacturing showed strong performance in February, with the NMI reaching a multi-year high. Core indicators such as business activity, new orders, and employment all experienced growth. Optimism was widespread across most industries, although real estate and information sectors contracted. Experts attribute the resilience of non-manufacturing to its diversification but warn of global economic risks. The future economic direction remains to be seen.
The ISM's January report indicates a slowdown in non-manufacturing activity in the US, but the NMI remains above 50, signaling continued overall expansion. While sub-indexes experienced declines, they remain in growth territory. Sector performance is mixed, and experts hold differing views on the economic outlook. Non-manufacturing is crucial to the US economy, and closely monitoring its performance is essential for understanding the economic pulse. The NMI suggests a moderate pace of expansion despite some softening in key indicators.
The ISM Non-Manufacturing Report for July indicates continued solid growth in the US non-manufacturing sector, despite slight dips in some indicators. Experts suggest that these short-term fluctuations shouldn't cause undue concern, as the long-term trend remains positive. Businesses are encouraged to capitalize on opportunities presented by technological innovation and consumer upgrades to address challenges and achieve sustainable development. Expectations are high for renewed growth in the fall.
The ISM report indicates continued expansion in US non-manufacturing activity in May. The NMI registered 56.9, slightly below the previous month but still above the 12-month average. The employment index showed significant growth, with businesses generally optimistic. However, a decline in the new orders index and labor shortages remain concerns. Overall, the non-manufacturing sector provides important support for US economic growth.
U.S. non-manufacturing sector grew more than expected in February, with the NMI reaching 57.3. The New Orders Index and Employment Index both increased, demonstrating strong resilience. Supply chain disruptions remain a challenge. The outlook for the future is cautiously optimistic.
The US ISM Non-Manufacturing Report for March indicates continued solid growth in the sector, albeit at a slightly slower pace. New orders experienced a notable decline, and businesses expressed increasing concerns regarding tariff policies. The report highlights supply chain bottlenecks and suggests that businesses monitor market changes. It also advises the government to balance trade protectionism with economic growth to jointly promote the sustainable development of the non-manufacturing sector. The report underscores the need for a balanced approach to navigate the current economic landscape.
U.S. non-manufacturing activity hit a seven-year high, signaling new momentum for economic growth. The October NMI reached 60.1, marking 94 consecutive months of expansion and significantly exceeding the 12-month average. Sixteen industries reported growth, reflecting strong business confidence. However, labor shortages and geopolitical risks remain concerns. The government should optimize the business environment, strengthen talent development, and promote technological innovation to support the continued healthy development of the non-manufacturing sector.
The November US ISM Non-Manufacturing Report indicates continued solid growth, with the NMI index reaching 60.7. While business activity and new orders remained strong, the sector faces challenges including a skills shortage in the labor market and persistent upward pressure on prices. Tariffs and trade friction introduce uncertainty. Experts view the economic outlook as optimistic but emphasize the need to address these challenges. Businesses and policymakers should proactively respond to these factors to sustain growth and mitigate potential risks.
