US Services Sector Grows Steadily in September

US Services Sector Grows Steadily in September

The Institute for Supply Management (ISM) reported a Non-Manufacturing Index (NMI) of 58.6 for September. While slightly lower than August, the index remains well above 50, indicating continued expansion in the non-manufacturing sector. This figure is also above the average for the past 12 months, reflecting the resilience of the U.S. economy. The report analyzes sub-indexes such as business activity, new orders, and employment, and highlights the challenges and opportunities facing businesses.

US Service Sector Growth Holds Steady in September ISM

US Service Sector Growth Holds Steady in September ISM

The ISM Non-Manufacturing Index edged down slightly in September but remained in expansion territory, signaling continued robust activity in the non-manufacturing sector. Increased consumer spending, technological innovation, and global economic recovery are key drivers of growth. Businesses should focus on challenges such as labor shortages and supply chain bottlenecks, seize opportunities, and navigate the market to stand out from the competition. The index suggests a generally positive outlook despite some headwinds.

Guide to Air Freight Operations at Angolas Lucapa Airport

Guide to Air Freight Operations at Angolas Lucapa Airport

This article provides detailed information about Luapa Airport (LBZ) in Angola, including its airport code, geographical location, and air freight considerations. It highlights the airport's status as a non-customs airport and explains how to utilize the West Africa Cargo 3-letter code search system to obtain crucial information. This serves as a practical air freight guide for professionals involved in cargo transportation to and from Luapa Airport, emphasizing the specific procedures required due to its non-customs designation.

Necochea Airport Emerges As Key Hub in Buenos Aires Province

Necochea Airport Emerges As Key Hub in Buenos Aires Province

Necochea Airport (NEC) is an important airport in Necochea, Buenos Aires Province, Argentina. Although it's a non-customs airport, it's crucial for the local economy and tourism. This article details the airport's geographical location, code, operational characteristics, air transport services, and related facilities. It also explores its future development potential, aiming to provide a comprehensive reference for relevant professionals and travelers. This includes information about its role in Argentine air transport and its significance despite its non-customs status.

Irelands Bantry Aerodrome Emerges As Key Coastal Aviation Hub

Irelands Bantry Aerodrome Emerges As Key Coastal Aviation Hub

This article provides a detailed overview of Bantry Aerodrome (BYT) in Ireland, covering its geographical location, IATA code, non-customs airport status, and the use of the West Coast Freight three-letter code lookup system. It also explores the relationship between city codes and airport codes, as well as the role of Bantry Aerodrome in local economic development. The aerodrome serves as a vital link for the region, despite its non-customs designation, facilitating cargo and passenger transport.

US Services Sector Growth Hits Near Oneyear High in February

US Services Sector Growth Hits Near Oneyear High in February

The U.S. ISM Non-Manufacturing NMI index surged to 59.7 in February, a near one-year high, marking the 109th consecutive month of growth. This data, released by the Institute for Supply Management (ISM), signals a robust expansion in U.S. non-manufacturing activity. This positive trend may alleviate concerns about a potential economic slowdown and provide sustained momentum for the overall economy. The significant increase suggests continued strength in the services sector, a key driver of U.S. economic growth.

Charles River Labs Buys KF Cambodia to Bolster Supply Chain

Charles River Labs Buys KF Cambodia to Bolster Supply Chain

Charles River Laboratories is acquiring K.F. (Cambodia) Ltd, a Cambodian supplier, for $510 million. This acquisition aims to strengthen control over the non-human primate supply chain, reduce operational costs, and effectively mitigate potential risks related to biosecurity and legal compliance. The transaction is expected to close in early 2026. The acquisition demonstrates Charles River's commitment to securing its supply chain and mitigating risks associated with sourcing non-human primates, which are crucial for preclinical research and drug development.

US Service Sector Hits Record High Amid Strong Economic Growth

US Service Sector Hits Record High Amid Strong Economic Growth

The U.S. ISM Non-Manufacturing Index (NMI) surged to 58.6 in August, a record high, according to the Institute for Supply Management. This is well above the expansion/contraction threshold and the past 12-month average, signaling the 44th consecutive month of growth in the U.S. non-manufacturing sector, providing strong momentum for economic expansion. All sub-indexes performed strongly, reflecting overall economic health. However, this could also exacerbate inflationary pressures, which the Federal Reserve will likely monitor closely.

US Nonmanufacturing Sector Expands Steadily in November

US Nonmanufacturing Sector Expands Steadily in November

The US Non-Manufacturing Index (NMI) for November registered 54.7%, a 0.5% increase from the previous month, indicating continued economic expansion in the non-manufacturing sector. Consumer spending, the labor market, and business confidence were key drivers. This data alleviates market concerns about a recession and provides the Federal Reserve with room to maneuver regarding monetary policy. The positive NMI reading suggests resilience in the service sector, which constitutes a significant portion of the US economy.