Non-manufacturing Report On Business for April 2020
NMI® at 41.8%
Business Activity Index at 26%
New Orders Index at 32.9%
Employment Index at 30%
Supplier Deliveries Index at 78.3%
(Tempe, Arizona) — Economic activity in the non-manufacturing sector contracted in April for the first time since December 2009, ending a 122-month period of growth, say the nation’s purchasing and supply executives in the latest Non-Manufacturing ISM® ...
American Economy Contracts For First Time In Six Years
As the COVID-19 pandemic has been severely impacting the global economy, the United States, in particular, has anticipated a see sharp decline from their previous numbers. Now, the recently released first-quarter GDP numbers and the Institute for Supply Management’s Manufacturing Report On Business index show just how hard the pandemic has hit the American economy.
The ISM Purchasing ...